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A Missouri soybean checkoff feature describes the growth of biodiesel since the state began funding research in 1991. It cites eight state plants producing 200 million gallons a year and claims biodiesel has raised soybean oil demand.
The article is promotional and reports no new policy or market event.
Biodiesel demand is a structural support for soybean oil and soybean values. This piece restates existing trends rather than adding a new price driver.
mfaoil.comAdam BuckallewJul 19, 2018Not enough comparable past events yet for a historical read.
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.
