# Biofuels breakthrough affects US soy oil shipments - DatamarNews

> US soybean oil exports fell to their lowest level in 24 years in the first seven months of the year, according to government data. Companies are pursuing low-carbon fuel incentives in California, the Pacific Northwest and Canada, increasing competition for soy oil against domestic food uses.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/45154-biofuels-breakthrough-affects-us-soy-oil-shipments-datamarnews
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower exports leave more soybean oil at home, but biofuel competition is tightening domestic supplies available for food, supporting higher prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-28 | [Waste feedstock trade reroutes as US soybean oil biofuel demand keeps climbing - Fastmarkets](https://feedsoft.ai/events/18448-waste-feedstock-trade-reroutes-as-us-soybean-oil-biofuel-demand-keeps-climbing.md) | +1.2% | -2.4% |
| SBO | 2017-06-02 | [Soybean oil price set to rise in 2018 due to US biodiesel anti-dumping policy - Biofuels International Magazine](https://feedsoft.ai/events/70358-soybean-oil-price-set-to-rise-in-2018-due-to-us-biodiesel-anti-dumping-policy.md) | +1.9% | +3.7% |
| SBO | 2019-02-11 | [EU to tighten palm oil for biofuels rules](https://feedsoft.ai/events/60633-eu-to-tighten-palm-oil-for-biofuels-rules.md) | -3.0% | -4.8% |
| 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% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/biofuels-breakthrough-affects-us-soy-oil-shipments/

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