# From Table to Fuel Tank: How Biofuels Turned the US into a Net Soybean Oil Importer

> The November 2026 WASDE projects US soybean oil imports of about 318,000 tonnes and exports of 181,000 tonnes in 2026/27, making the country a net importer. US soybean oil production is forecast at 14.9 million tonnes, but biofuel use is projected to rise to 8.1 million tonnes, while exports fall sharply from 2024/25 levels.

- Date: 2026-11-11 · published 2026-11-11T18:08:45.899Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/93814-from-table-to-fuel-tank-how-biofuels-turned-the-us-into-a-net-soybean-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Growing biofuel use absorbs more US soybean oil, reducing export availability and increasing reliance on imports. That demand supports soybean oil prices and may also underpin soybean crushing demand.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-10-12 | [US shifts to net soybean oil importer on biofuel boom: Foreign Agricultural Service](https://feedsoft.ai/events/15267-us-shifts-to-net-soybean-oil-importer-on-biofuel-boom-foreign-agricultural.md) | +5.1% | +0.1% |
| 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% |
| SBO | 2018-05-25 | [Contact Us - Sherbrooke Record - America First at the Pump: Soybean Oil Futures Skyrocket as EPA Targets Imported Biofuel Feedstocks](https://feedsoft.ai/events/65107-contact-us-sherbrooke-record-america-first-at-the-pump-soybean-oil-futures.md) | -1.6% | -7.9% |
| SBO | 2025-12-31 | [Biofuel mandates redraw the soybean oil map in South America](https://feedsoft.ai/events/21598-biofuel-mandates-redraw-the-soybean-oil-map-in-south-america.md) | -0.9% | +7.4% |
| SBO | 2026-05-27 | [Biofuels give boost to soybean oil futures rally \| World Grain](https://feedsoft.ai/events/19353-biofuels-give-boost-to-soybean-oil-futures-rally-world-grain.md) | +2.2% | -3.6% |
| SOY | 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) | -0.4% | -3.8% |
| SOY | 2026-05-27 | [Biofuels give boost to soybean oil futures rally \| World Grain](https://feedsoft.ai/events/19353-biofuels-give-boost-to-soybean-oil-futures-rally-world-grain.md) | -1.7% | -6.5% |
| SOY | 2026-10-27 | [Growing US biofuel production intensifies competition for soybean oil](https://feedsoft.ai/events/17179-growing-us-biofuel-production-intensifies-competition-for-soybean-oil.md) | +0.5% | — |

## Sources

- zyotwdhon.com: https://www.zyotwdhon.com/en/articles/us-soybean-oil-biofuels-net-importer-wasde-2026

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