# New Brazil Biodiesel Mandate Will Consume More Soybeans Domestically

> Brazil will implement a mandatory biodiesel blend of B11 from March 2019, rising 1 percentage point a year to B15. ABIOVE estimates this adds 600,000 metric tons of biodiesel demand next year, requiring about 3.3 million tons of soybean crush.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/61904-new-brazil-biodiesel-mandate-will-consume-more-soybeans-domestically
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher Brazilian biodiesel demand absorbs more soybean oil and supports crushing, which is supportive for soy oil and soybean meal supply. The meal output from additional crush could weigh on meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-02-01 | [A new mandate to increase domestic crush means more soybeans will be needed.](https://feedsoft.ai/events/60470-a-new-mandate-to-increase-domestic-crush-means-more-soybeans-will-be-needed.md) | +2.1% | -0.7% |
| SBO | 2021-06-09 | [Will Biodiesel Demand Lead to a Paradigm Shift in Soybean Oil? \| news.cqg.com](https://feedsoft.ai/events/46442-will-biodiesel-demand-lead-to-a-paradigm-shift-in-soybean-oil-news-cqg-com.md) | -8.6% | -13.5% |
| SBO | 2024-02-21 | [Brazil’s Rising Biodiesel Mandate to Slow Soyoil Exports - AgWeb](https://feedsoft.ai/events/31770-brazil-s-rising-biodiesel-mandate-to-slow-soyoil-exports-agweb.md) | -1.9% | +4.7% |
| SBO | 2024-04-09 | [Brazilian crushers buy back soybean oil export positions to sell domestically - Fastmarkets](https://feedsoft.ai/events/30815-brazilian-crushers-buy-back-soybean-oil-export-positions-to-sell-domestically.md) | -5.0% | -7.5% |
| SBO | 2025-09-01 | [Brazil biodiesel logistics differentials widen as blend mandate rises \| S&P Global](https://feedsoft.ai/events/22942-brazil-biodiesel-logistics-differentials-widen-as-blend-mandate-rises-s-and-p.md) | -2.2% | -6.2% |
| SOY | 2019-02-01 | [A new mandate to increase domestic crush means more soybeans will be needed.](https://feedsoft.ai/events/60470-a-new-mandate-to-increase-domestic-crush-means-more-soybeans-will-be-needed.md) | -0.2% | -1.7% |
| SOY | 2025-09-01 | [Brazil biodiesel logistics differentials widen as blend mandate rises \| S&P Global](https://feedsoft.ai/events/22942-brazil-biodiesel-logistics-differentials-widen-as-blend-mandate-rises-s-and-p.md) | -2.2% | -2.5% |
| SOY | 2021-03-15 | [Biodiesel Boosts Demand for Iowa Soybeans \| Iowa Soybean](https://feedsoft.ai/events/48002-biodiesel-boosts-demand-for-iowa-soybeans-iowa-soybean.md) | +0.0% | -2.4% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2018/11/27/new-brazil-biodiesel-mandate-will

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