# ADM-owned barge-fleeting operation becomes newest member of B20 Club

> ARTCO, an ADM-owned barge and fleeting subsidiary, has joined the B20 Club for its use of biodiesel blends. The company runs 29 vessels that burn 22 million gallons of B20 to B30 each year.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/41127-adm-owned-barge-fleeting-operation-becomes-newest-member-of-b20-club
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Routine biodiesel adoption by a single fleet operator adds only marginal soybean oil demand. The story has little direct price impact.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-06-06 | [B20 Club Welcomes Barge Fleeting Operation As Newest Member \| Illinois Soybean Association](https://feedsoft.ai/events/16706-b20-club-welcomes-barge-fleeting-operation-as-newest-member-illinois-soybean.md) | -0.1% | -17.9% |
| SBO | 2026-07-08 | [Crunch time is now for meeting RVO \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/15006-crunch-time-is-now-for-meeting-rvo-cobank-cooperative-connected-committed.md) | +7.3% | +1.8% |
| SBO | 2021-10-12 | [Oil becoming new driver for soybean industry](https://feedsoft.ai/events/44619-oil-becoming-new-driver-for-soybean-industry.md) | +2.9% | -1.9% |
| SBO | 2022-03-14 | [Top Exporter of Soy Meal, Oil Halts Cargoes as Prices Surge - Bloomberg](https://feedsoft.ai/events/12629-top-exporter-of-soy-meal-oil-halts-cargoes-as-prices-surge-bloomberg.md) | -9.8% | +240.8% |
| SBO | 2023-02-24 | [Renewable diesel facilities will need a billion bushels of soybeans to meet needs](https://feedsoft.ai/events/15336-renewable-diesel-facilities-will-need-a-billion-bushels-of-soybeans-to-meet.md) | -1.4% | -9.6% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/adm-owned-barge-fleeting-operation-becomes-newest-member-of-b20-club

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