# B20 Mandate Delivers Demand for Soyoil | Red River Farm Network

> Minnesota's B20 biodiesel mandate, a 20% biodiesel blend, takes effect May 1. Minnesota Soybean says the mandate adds a market for soybean oil. Biodiesel is described as representing 63 cents of each soybean bushel's value.

- Date: 2018-04-25 · published 2018-04-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/65396-b20-mandate-delivers-demand-for-soyoil-red-river-farm-network
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A new state blending requirement adds domestic soybean oil demand, which supports soyoil prices relative to meal. The effect is regional and modest in size.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-12-05 | [Building Demand for ND Soybeans \| Red River Farm Network](https://feedsoft.ai/events/61459-building-demand-for-nd-soybeans-red-river-farm-network.md) | +0.6% | -0.8% |
| SBO | 2023-12-18 | [Demand to Surpass Supply in Renewable Diesel Market \| Red River Farm Network](https://feedsoft.ai/events/15253-demand-to-surpass-supply-in-renewable-diesel-market-red-river-farm-network.md) | -1.2% | -3.1% |
| SBO | 2018-09-20 | [Biofuel Supporters Ask Trump for RFS Support \| Red River Farm Network](https://feedsoft.ai/events/62926-biofuel-supporters-ask-trump-for-rfs-support-red-river-farm-network.md) | +4.5% | +8.5% |
| SBO | 2026-04-30 | [Demand for soy oil driving price to the upside - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/19804-demand-for-soy-oil-driving-price-to-the-upside-iowa-agribusiness-radio-network.md) | +0.5% | -3.5% |
| SBO | 2022-03-18 | [Increasing soybean oil demand presents new opportunities for American soybean farmers](https://feedsoft.ai/events/15410-increasing-soybean-oil-demand-presents-new-opportunities-for-american-soybean.md) | -0.5% | +261.4% |

## Sources

- rrfn.com: https://www.rrfn.com/2018/04/25/b20-mandate-delivers-demand-for-soyoil/

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