# Growing US biofuel production intensifies competition for soybean oil | Ukrainian Agrarian Confederation

> Competition for soybean oil is intensifying in the US as biofuel producers, food makers and the oleochemical sector all seek supply. NOPA reported member soyoil stocks at their lowest level since 2014, and USDA expects biofuel use of soyoil to rise about 20% in the coming season.

- Date: 2020-07-09 · published 2020-07-09T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/52199-growing-us-biofuel-production-intensifies-competition-for-soybean-oil-ukrainian
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Rising biofuel demand for soyoil with tightening stocks points to higher soyoil prices and higher feedstock costs for food and industrial users, which supports the soybean complex.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-10-27 | [Growing US biofuel production intensifies competition for soybean oil](https://feedsoft.ai/events/17179-growing-us-biofuel-production-intensifies-competition-for-soybean-oil.md) | -0.5% | — |
| SBO | 2022-11-30 | [Surging US Biofuel Production Stokes Soybean Crush Demand](https://feedsoft.ai/events/15357-surging-us-biofuel-production-stokes-soybean-crush-demand.md) | -9.9% | -11.4% |
| SBO | 2026-01-21 | [Biofuel: Staying Competitive - American Soybean Association](https://feedsoft.ai/events/15057-biofuel-staying-competitive-american-soybean-association.md) | +3.9% | +8.2% |
| SBO | 2025-01-16 | [Clean Fuel Production Credit excludes producers from using used cooking oil  - Indiana Corn and Soy](https://feedsoft.ai/events/26610-clean-fuel-production-credit-excludes-producers-from-using-used-cooking-oil.md) | -0.5% | +2.2% |
| SBO | 2026-09-18 | [Protecting and growing biofuel demand is among policy priorities this fall for ASA  - Indiana Corn and Soy](https://feedsoft.ai/events/14997-protecting-and-growing-biofuel-demand-is-among-policy-priorities-this-fall-for.md) | -3.1% | -1.1% |

## Sources

- agroconf.org: https://agroconf.org/en/content/growing-us-biofuel-production-intensifies-competition-soybean-oil

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