# Food vs. fuel debate reemerges after surge in edible oils prices | 2021-07-05  | Food Business News

> Soybean oil's share of the crush has risen toward historic levels as renewable diesel demand surges, with US soyoil futures hitting an all-time high on June 7 before falling about 16% by early July. Industry analysts expect soyoil to remain valued at a higher share of crush than in the past.

- Date: 2021-07-05 · published 2021-07-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46142-food-vs-fuel-debate-reemerges-after-surge-in-edible-oils-prices-2021-07-05-food
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong soyoil demand for renewable diesel pulls crush toward oil over meal, tightening soyoil supply while meal availability shifts, with price direction dependent on biofuel policy signals.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/19023-food-vs-fuel-debate-reemerges-after-surge-in-edible-oils-prices

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