The expansion of biofuels reshapes the global soybean meal market and pressures prices

After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Jan 21, 2025Record 2025 soybean crush pressures Brazil soybean meal prices+0.9%
• Jan 30, 2026Biofuels policy uncertainty continues to pressure soybean demand and prices - Brownfield Ag News+2.0%
• Dec 30, 2016Argentina: New plan to reduce the export tax on soybean - Global Trade Alert-2.3%
• Aug 18, 2025Soybean oil in the biofuel era: An industry expert’s perspective+4.9%
• Jul 26, 2026Biofuel Mandates Test Capacity and Soybean Oil Demand - RFD-4.7%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Apr 19, 2021Biofuels Expansion Driving Global Veg Oil Market | Radio 570 WNAX+8.1%
• Jan 21, 2025Record 2025 soybean crush pressures Brazil soybean meal prices+0.5%
• Dec 31, 2025Biofuel mandates redraw the soybean oil map in South America-0.9%
• Sep 2, 2026CBOT soybean oil rises 7.2% as EPA reallocation shifts biofuel outlook | S&P Global-4.0%
• Apr 24, 2026CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC | The Star+3.9%