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The Trump administration proposed allowing oil refiners to blend more biofuels into gasoline and diesel next year. Soybean oil prices rose as much as 6.2%, their biggest jump since January 10.
Higher mandated biofuel blending lifts demand for soyoil as a biodiesel feedstock, supporting soyoil prices and pulling soybean crush economics higher.
bloomberg.comErin AilworthJun 13, 2025After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Soybean oil rose as much as 6.2%, the biggest jump since January, on the proposal to boost biofuel quotas.
Bloomberg reports soyoil up as much as 6.2%, the biggest jump since January, on the biofuel quota plan.
