# 3 ways biodiesel boosts soybean returns

> A South Dakota Soybean Association industry piece argues that biodiesel adds 63 cents per bushel to U.S. soybean value. It says increased biodiesel demand lowers soybean meal costs for livestock producers. The article also cites biodiesel use rising to more than 2.8 billion gallons in 2016.

- Date: 2018-05-14 · published 2018-05-14T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/64925-3-ways-biodiesel-boosts-soybean-returns
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Biodiesel demand supports soybean oil and crush margins, which in turn increases meal supply and can hold down meal prices. This is promotional commentary rather than a new market event.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 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% | -0.5% |
| SBO | 2026-06-30 | [Biodiesel boom drives soybean oil to 4-year high](https://feedsoft.ai/events/18887-biodiesel-boom-drives-soybean-oil-to-4-year-high.md) | +1.3% | +1.8% |
| SBO | 2023-05-16 | [Biodiesel: An environmental winner – Minnesota Soybean](https://feedsoft.ai/events/15310-biodiesel-an-environmental-winner-minnesota-soybean.md) | +0.5% | +10.6% |
| SBO | 2020-08-04 | [Record soybean oil use for biodiesel in May - McKeany-Flavell](https://feedsoft.ai/events/51685-record-soybean-oil-use-for-biodiesel-in-may-mckeany-flavell.md) | -1.5% | +4.1% |
| SBO | 2020-09-16 | [South Dakota Soybean \| Biodiesel Industry Plans for Future Growth;…](https://feedsoft.ai/events/50990-south-dakota-soybean-biodiesel-industry-plans-for-future-growth.md) | -1.2% | -1.1% |
| SBM | 2018-05-01 | [State Starts 20% Biodiesel Sales, Championing Both Biofuel and Soybean Growth](https://feedsoft.ai/events/64922-state-starts-20-biodiesel-sales-championing-both-biofuel-and-soybean-growth.md) | -1.9% | -3.0% |
| SBM | 2018-11-27 | [New Brazil Biodiesel Mandate Will Consume More Soybeans Domestically](https://feedsoft.ai/events/61904-new-brazil-biodiesel-mandate-will-consume-more-soybeans-domestically.md) | +3.0% | +0.1% |
| SBM | 2026-06-26 | [EPA Biofuel Rule Boosts Soybean Oil Demand Through Higher Renewable Fuel Blending Mandates](https://feedsoft.ai/events/15018-epa-biofuel-rule-boosts-soybean-oil-demand-through-higher-renewable-fuel.md) | -0.3% | +6.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/3-ways-biodiesel-boosts-soybean-returns

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