# Biofuel market continues to be a trigger for soybean oil - Analysis Soybean oil | Boerenbusiness. Nl

> IndexBox analysts expect soybean oil export prices to rise about 4% this year, driven by biofuel demand. Lower soybean yields in Brazil and Argentina are also tightening supply. Brazil's soybean crop is put at about 134 million tonnes, 7% below November expectations.

- Date: 2022-01-18 · published 2022-01-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43239-biofuel-market-continues-to-be-a-trigger-for-soybean-oil-analysis-soybean-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong biofuel demand combined with reduced South American soybean output supports soybean and soybean oil prices. Global soy stocks are tight.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/granen-grondstof/artikel/10896206/biobrandstofmarkt-blijft-een-trigger-voor-sojaolie

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