# Renewable energy demand pushing soy oil to the forefront

> Farm Progress reviews the 2020-21 soybean marketing year, which saw large price swings and a resurgence of the food-versus-fuel debate as renewable fuel demand pushed soybean oil use higher. The piece is part one of a three-part series.

- Date: 2021-10-25 · published 2021-10-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44397-renewable-energy-demand-pushing-soy-oil-to-the-forefront
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Renewable fuel demand has shifted soybean value toward oil, which supports soybean oil prices and crush economics for feed meal producers.

## Read by commodity

- SBO: bullish ▲
- SOY: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/management/renewable-energy-demand-pushing-soy-oil-to-the-forefront

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