# Renewable Diesel Feedstock – Green Fuel and Affordable Food Part 2 | S&P Global

> S&P Dow Jones Indices reports that government mandates and consumer climate demands are accelerating renewable diesel feedstock demand. Producers in North America are expected to rely increasingly on soybean and canola oil.

- Date: 2021-04-13 · published 2021-04-13T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47458-renewable-diesel-feedstock-green-fuel-and-affordable-food-part-2-s-and-p-global
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expected renewable diesel plant demand for soybean and canola oil would tighten vegetable oil supplies and lift oilseed prices, raising food-versus-fuel concerns.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-08-22 | [Don’t write-off renewable diesel; feedstock demand is only in the](https://feedsoft.ai/events/34660-don-t-write-off-renewable-diesel-feedstock-demand-is-only-in-the.md) | -1.1% | -8.2% |
| SBO | 2021-08-19 | [Marathon Petroleum Corp., ADM Announce Feedstock Partnership to Support Renewable Diesel Production](https://feedsoft.ai/events/45448-marathon-petroleum-corp-adm-announce-feedstock-partnership-to-support-renewable.md) | -4.3% | -8.1% |
| SBO | 2021-08-17 | [Renewable fuel companies edge out some refiners on feedstock](https://feedsoft.ai/events/11368-renewable-fuel-companies-edge-out-some-refiners-on-feedstock.md) | -8.0% | -11.7% |
| SBO | 2022-02-07 | [FEATURE: Renewable diesel producers racing for the finish line as credits under pressure \| S&P Global](https://feedsoft.ai/events/15420-feature-renewable-diesel-producers-racing-for-the-finish-line-as-credits-under.md) | +0.9% | +10.8% |
| SBO | 2016-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2017 and Biomass-Based Diesel Volume for 2018](https://feedsoft.ai/events/73340-federal-register-renewable-fuel-standard-program-standards-for-2017-and-biomass.md) | -0.0% | -3.6% |

## Sources

- spglobal.com: https://www.spglobal.com/en/research-insights/market-insights/renewable-diesel-feedstock-green-fuel-and-affordable-food-part-2

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