
Brazilian crushers exported about 232,600 tonnes of soybean oil in October, roughly two and a half times the volume of October 2025 and the strongest October since 2007. Shipments are running ahead of sector projections while the B16 biodiesel blend has no set start date.
Strong export demand draws soybean oil away from the domestic biodiesel market and supports international soybean oil prices. Tighter Brazilian supply can firm the global vegetable oil complex.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% 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.