# ABA: Demand for soybean oil and other vegetable oils has exceeded supply while prices have skyrocketed  | Snack Food & Wholesale Bakery

> The American Bakers Association says soybean oil demand has exceeded supply, with US soyoil prices roughly tripling over the past year. It argues that biodiesel demand under the Renewable Fuel Standard is diverting edible oil away from food use. The group is calling for a short-term pause on scheduled biodiesel mandate increases.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/45654-aba-demand-for-soybean-oil-and-other-vegetable-oils-has-exceeded-supply-while
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Biofuel mandates are a key driver pulling soybean oil away from food and feed channels, supporting prices. Any mandate pause would reduce that demand and could ease soyoil prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-08-11 | [Vegetable oils: Supply stress and biofuel blending mandates drive demand for soybean oil - Fastmarkets](https://feedsoft.ai/events/40126-vegetable-oils-supply-stress-and-biofuel-blending-mandates-drive-demand-for.md) | -1.9% | +0.4% |
| SBO | 2020-06-02 | [Strong demand supports prices for vegetable oils at a high level](https://feedsoft.ai/events/6049-strong-demand-supports-prices-for-vegetable-oils-at-a-high-level.md) | +1.8% | +0.1% |
| SBO | 2025-06-18 | [Sharp rise in soybean oil and crude oil quotes in Chicago supported vegetable oil prices](https://feedsoft.ai/events/5345-sharp-rise-in-soybean-oil-and-crude-oil-quotes-in-chicago-supported-vegetable.md) | -3.8% | -0.3% |
| SBO | 2021-11-03 | [Rise of biodiesel leads to jump in cooking oil prices, skyrocketing demand for soybeans \| Here & Now](https://feedsoft.ai/events/44128-rise-of-biodiesel-leads-to-jump-in-cooking-oil-prices-skyrocketing-demand-for.md) | -4.1% | -8.1% |
| SBO | 2026-04-01 | [Veg oils prices surge as CPO futures and soyoil rally](https://feedsoft.ai/events/9474-veg-oils-prices-surge-as-cpo-futures-and-soyoil-rally.md) | +0.5% | +5.2% |

## Sources

- snackandbakery.com: https://www.snackandbakery.com/articles/97398-aba-demand-for-soybean-oil-and-other-vegetable-oils-has-exceeded-supply-while-prices-have-skyrocketed

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