# All Eyes on Soybean Oil Demand - AgWeb

> A sponsored article says US soybean oil demand is rising, with biofuel use projected to reach 42% of this marketing year's supply compared with 37% last year. Exports are forecast to fall to 5% from 9%.

- Date: 2022-07-28 · published 2022-07-28T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/40577-all-eyes-on-soybean-oil-demand-agweb
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing biofuel demand for soyoil supports oil prices and shifts the crush balance toward oil, although the article is promotional rather than a new market event.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-01-12 | [Soybean oil demand expected to erupt – AgriNews](https://feedsoft.ai/events/15425-soybean-oil-demand-expected-to-erupt-agrinews.md) | -0.8% | +4.6% |
| SBO | 2026-09-09 | [Biofuel demand drives higher US soybean oil imports](https://feedsoft.ai/events/17545-biofuel-demand-drives-higher-us-soybean-oil-imports.md) | +0.2% | -0.3% |
| SBO | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | -2.0% | -2.2% |
| SBO | 2019-05-27 | [Heated demand for soybean meal and oil drives negotiations - Revista Cultivar](https://feedsoft.ai/events/8253-heated-demand-for-soybean-meal-and-oil-drives-negotiations-revista-cultivar.md) | +1.2% | +5.0% |
| SBO | 2021-01-21 | [World exports of soybean oil fell by 45%](https://feedsoft.ai/events/49248-world-exports-of-soybean-oil-fell-by-45.md) | +2.8% | +10.0% |
| SBM | 2025-09-22 | [Lack of China Demand Hammers US Soybean Oil Prices - TT](https://feedsoft.ai/events/22934-lack-of-china-demand-hammers-us-soybean-oil-prices-tt.md) | -4.4% | -1.1% |
| SBM | 2020-05-15 | [Soybeans down, despite demand from China - Brownfield Ag News](https://feedsoft.ai/events/53164-soybeans-down-despite-demand-from-china-brownfield-ag-news.md) | -0.9% | +1.3% |
| SBM | 2019-10-23 | [Soybeans pare gains after surge on China demand prospects \| Financial Post](https://feedsoft.ai/events/56613-soybeans-pare-gains-after-surge-on-china-demand-prospects-financial-post.md) | -1.3% | -1.6% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/soybeans/all-eyes-soybean-oil-demand

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