# Court Ruling Sends Soybean Oil Higher

> Soybean oil rose after a court ruling, according to DTN's end-of-day market wrap dated July 28, 2017. Corn, soybeans and wheat closed mixed to slightly higher on the day but were lower for the week, with heavy Midwest rain forecasts and weak export sales weighing on grains.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/70053-court-ruling-sends-soybean-oil-higher
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A court ruling that lifts soybean oil suggests a policy-related support for biofuel demand, which tends to firm soyoil prices and the soy crush margin. The rest of the complex is being driven by weather and seasonal export slowdowns rather than this ruling.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 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) | -2.8% | +5.7% |
| SBO | 2025-07-02 | [Canada Know-Risk Market Outlook \| Canola Higher on Weather and Soybean Oil](https://feedsoft.ai/events/23872-canada-know-risk-market-outlook-canola-higher-on-weather-and-soybean-oil.md) | +1.1% | +2.9% |
| SBO | 2026-05-14 | [EPA RVO Could Increase Soybean Oil Demand](https://feedsoft.ai/events/15022-epa-rvo-could-increase-soybean-oil-demand.md) | +0.5% | -2.1% |
| SBO | 2016-11-25 | [EPA Ruling Will Boost Corn and Soybean Demand \| Hoosier Ag Today](https://feedsoft.ai/events/73746-epa-ruling-will-boost-corn-and-soybean-demand-hoosier-ag-today.md) | +2.1% | -5.6% |
| SBO | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | +2.1% | -5.6% |
| SBM | 2021-06-18 | [Soybean Oil Has a Bearish Week](https://feedsoft.ai/events/46688-soybean-oil-has-a-bearish-week.md) | -3.3% | +0.2% |
| SBM | 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) | +3.7% | +4.4% |
| SBM | 2020-10-02 | [US Domestic Soybean Oil Demand Could Rise \| Feed & Grain](https://feedsoft.ai/events/50506-us-domestic-soybean-oil-demand-could-rise-feed-and-grain.md) | +4.1% | +9.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/07/28/court-ruling-sends-soybean-oil

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