# Sharp rise in soybean oil and crude oil quotes in Chicago supported vegetable oil prices

> Chicago July soybean oil futures rose about 6% on Friday and then surged further to $1,214/t by Monday, driven by the EPA's larger biofuel mandates and an oil price spike from Israeli strikes on Iran. Soybean prices stayed nearly unchanged, and ADM cut forward prices for new-crop beans as China import expectations weakened.

- Date: 2025-06-18 · published 2025-06-18T12:00:00.000Z
- Category: policy · region Global · magnitude high
- Page: https://feedsoft.ai/events/5345-sharp-rise-in-soybean-oil-and-crude-oil-quotes-in-chicago-supported-vegetable
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Biofuel mandates and higher crude lift soyoil values, while cuts to forward soybean bids and expected reduced Chinese purchases weigh on soybean prices and export demand.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼
- BRENT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-06-17 | 5 | +10.4% | 3.6 | Soyoil rose about 6% then surged further, driven by EPA mandates and the crude spike from Israel-Iran strikes. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-09-02 | [US soybean oil rally supports global vegetable oil market](https://feedsoft.ai/events/4538-us-soybean-oil-rally-supports-global-vegetable-oil-market.md) | -4.0% | -7.2% |
| SBO | 2025-01-04 | [Edible Oil Prices in 2025: Palm Oil Drops, Check Latest Mustard and Soybean Oil Rates](https://feedsoft.ai/events/26620-edible-oil-prices-in-2025-palm-oil-drops-check-latest-mustard-and-soybean-oil.md) | +3.7% | +12.3% |
| SBO | 2020-06-02 | [Strong demand supports prices for vegetable oils at a high level](https://feedsoft.ai/events/6049-strong-demand-supports-prices-for-vegetable-oils-at-a-high-level.md) | +1.8% | +0.1% |
| SBO | 2021-08-27 | [ABA: Demand for soybean oil and other vegetable oils has exceeded supply while prices have skyrocketed  \| Snack Food & Wholesale Bakery](https://feedsoft.ai/events/45654-aba-demand-for-soybean-oil-and-other-vegetable-oils-has-exceeded-supply-while.md) | -1.8% | -4.6% |
| SBO | 2026-04-01 | [Veg oils prices surge as CPO futures and soyoil rally](https://feedsoft.ai/events/9474-veg-oils-prices-surge-as-cpo-futures-and-soyoil-rally.md) | +0.5% | +5.2% |
| SOY | 2021-06-16 | [U.S. grains: Soybeans down with vegetable oil prices - AgCanada](https://feedsoft.ai/events/6440-u-s-grains-soybeans-down-with-vegetable-oil-prices-agcanada.md) | -4.9% | +0.1% |
| SOY | 2024-12-19 | [Edible oil prices tumble on US ethanol plan and record soybean supplies](https://feedsoft.ai/events/27051-edible-oil-prices-tumble-on-us-ethanol-plan-and-record-soybean-supplies.md) | +3.8% | +8.6% |
| SOY | 2021-06-16 | [Soybeans hit 2-month low as vegetable oil prices tumble \| Financial Post](https://feedsoft.ai/events/6441-soybeans-hit-2-month-low-as-vegetable-oil-prices-tumble-financial-post.md) | -4.9% | +0.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/sharp-rise-in-soybean-oil-and-crude-oil-quotes-in-chicago-supported-vegetable-oil-prices/

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