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US soybean oil demand has risen strongly in 2026, driven mainly by domestic biofuel use. Biofuel plants consumed a record 1.687 billion pounds in July, then use eased to 1.4 billion pounds in August after plant shutdowns.
Strong biofuel pull is tightening US soybean oil stocks, which are reported at their lowest since 2014, while exports decline. Tighter domestic supply tends to support soybean oil prices and crush margins.
fastmarkets.comAmanda LuhavaljaNov 5, 2026Not 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.
