# Soybean oil-based biodiesel margins remain strong - Fastmarkets

> Midwest biodiesel margins remain near recent highs, with B100 averaging $7.46 per gallon and a 91-cent per gallon margin over variable costs in the week reported. Soybean oil crude degummed prices in Central Illinois averaged 84.11 cents per pound, down 2% week over week.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41031-soybean-oil-based-biodiesel-margins-remain-strong-fastmarkets
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong biodiesel margins support continued crush and soybean oil demand, which keeps oil share of crush value elevated and supports soybean oil prices relative to meal.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soybean-oil-based-biodiesel-margins-remain-strong/

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