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Nov 11, 2026REPORTUS

USDA: November WASDE increases estimate for 2025–26 soybean oil use in biofuel production

USDA’s November WASDE raised its estimate of U.S. soybean oil use for biofuel production in the 2025–26 marketing year. The headline does not specify the size of the increase.

WHY IT MATTERS

Higher projected biofuel use implies stronger demand for soybean oil, which could support prices.

AFFECTSSoybean Oil▲

3 SOURCES
biodieselmagazine.comNov 11, 2026
biomassmagazine.comNov 11, 2026
geopoliticsalpha.comNov 11, 2026

Price reaction & history

Soybean Oil▲bullish

After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

Jun 11, 2026June WASDE increases estimate for 2025-’26 soybean use in biofuel production | Biomass Magazine-2.4%
Sep 11, 2026USDA: September WASDE increases estimate for 2025-’26 soybean oil use in biofuel | Biomass Magazine-1.2%
Sep 12, 2024USDA increases estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production | Biodiesel Magazine-0.0%
Nov 28, 2023USDA increase estimate for 2022-’23 soybean oil use in biofuel | Biomass Magazine-1.5%
Feb 26, 2025USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 | Biodiesel Magazine-5.7%

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.

Soybean Oil SBO · GP ▸

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