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Chevron's Ralston, Iowa biodiesel plant, operated by Landus Cooperative, is planned to reopen. The Iowa Soybean Association says the plant would create demand for more than 28 million bushels of soybeans a year and produce bypass protein meal.
Restarting a plant that uses about 28 million bushels a year adds soybean crush and soybean oil demand for biomass-based diesel. That supports soybean and soybean oil prices in the US.
iasoybeans.comNov 12, 2026After 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.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
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.
