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US biofuel producers consumed about 30.7 billion pounds of feedstocks in August 2026, down 2% from July but up nearly 6% from August 2025, according to EIA data released October 30. Corn remained the largest feedstock at 26.8 billion pounds, while soybean oil use fell 17% month-on-month but rose 34% year-on-year.
Strong biofuel feedstock demand, especially for corn and vegetable oils, supports domestic demand for grains and oilseeds and underpins soybean oil prices, tightening the feed-ingredient balance and supporting the value of co-products like DDGS and soybean meal.
bioenergytimes.comRandhir PatilNov 3, 2026After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
Not 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.
