# Expert Highlights Factors Impacting Global Vegetable Oil Complex - U.S. Soybean Export Council

> StoneX's Matt Ammermann told the Soy Connext summit that global vegetable oil demand exceeds current supply, but supply is growing faster than demand. He forecasts record vegetable oil ending stocks this year, while soybean oil could get tighter as biofuel incentives grow.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40125-expert-highlights-factors-impacting-global-vegetable-oil-complex-u-s-soybean
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Forecast record ending stocks is bearish for vegetable oil prices, while expected tightness in soyoil from biofuel demand is supportive, so the net effect on soyoil is mixed.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Sources

- ussec.org: https://ussec.org/news/expert-highlights-factors-impacting-global-vegetable-oil-complex/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.