# Chicago soyoil futures hit 18-month high on biofuel mandate, Mideast tensions

> Chicago soyoil futures reached their highest in about 18 months after the EPA proposed larger-than-expected biofuel blending volumes over the next two years. Renewed Israel-Iran strikes lifted crude oil, while soybeans edged higher and wheat and corn retreated.

- Date: 2025-06-16 · published 2025-06-16T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/5339-chicago-soyoil-futures-hit-18-month-high-on-biofuel-mandate-mideast-tensions
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The biofuel mandate and higher crude both increase demand for soyoil, which supports soybean crush values, while weak corn and wheat demand and benign weather weigh on those grains.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bearish ▼
- BRENT: bullish ▲
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-06-17 | 5 | +10.4% | 3.6 | Soyoil hit an 18-month high on larger biofuel volumes, with Mideast-driven crude strength adding support. |
| SBO | 2025-06-15 | 1 | +3.6% | 4.2 | Soyoil hit an 18-month high on larger biofuel volumes and Mideast crude support, though dated after the move window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | +2.1% | -5.6% |
| SBO | 2025-05-14 | [U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes - Grainews](https://feedsoft.ai/events/9504-u-s-grains-soybeans-hit-nearly-10-month-high-on-biofuel-and-trade-hopes-grainews.md) | -0.6% | -4.3% |
| SBO | 2026-07-26 | [Biofuel Mandates Test Capacity and Soybean Oil Demand - RFD](https://feedsoft.ai/events/15007-biofuel-mandates-test-capacity-and-soybean-oil-demand-rfd.md) | -7.3% | -3.1% |
| SBO | 2026-06-01 | [US oil refiners finally profit from biofuels due to mandates, high fuel prices](https://feedsoft.ai/events/19351-us-oil-refiners-finally-profit-from-biofuels-due-to-mandates-high-fuel-prices.md) | -2.0% | -6.1% |
| SBO | 2026-03-30 | [Palm futures hit 15-month high on Indonesia biodiesel plans, crude rally - Markets - Business Recorder](https://feedsoft.ai/events/20264-palm-futures-hit-15-month-high-on-indonesia-biodiesel-plans-crude-rally-markets.md) | +4.8% | +6.2% |
| SOY | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | -0.4% | -3.8% |
| SOY | 2025-05-14 | [U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes - Grainews](https://feedsoft.ai/events/9504-u-s-grains-soybeans-hit-nearly-10-month-high-on-biofuel-and-trade-hopes-grainews.md) | -1.3% | -1.6% |
| SOY | 2016-12-13 | [China's soybean meal futures rise to 5-month high RAID](https://feedsoft.ai/events/73553-china-s-soybean-meal-futures-rise-to-5-month-high-raid.md) | -0.9% | -2.7% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3SJ00X:0-chicago-soyoil-futures-hit-18-month-high-on-biofuel-mandate-mideast-tensions/

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