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At the NACS FUELS2019 conference, researcher Tristan Brown presented preliminary findings on biodiesel markets. He noted that biodiesel production has quadrupled since 2009 and that slightly more than half of feedstock comes from soybean oil, while distribution is constrained by trucking.
Growth in biodiesel output supports soybean oil demand, but the logistics gap between production and consumption limits how far that demand can expand. The remarks are a general outlook rather than a new price driver.
theautochannel.comMay 24, 2019After 1,419 past policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% 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.
