Loading…
Brazil's national supply company Conab raised its 2026-27 soybean oil export forecast by 400,000 mt to 1.8 million mt in its second crop survey released November 13. It cut the domestic soybean oil consumption estimate by 440,000 mt to 11.19 million mt, citing the continuation of the B15 biodiesel blend.
Higher expected Brazilian soybean oil exports tighten the export balance for soyoil and support international soyoil prices, while lower domestic biodiesel demand shifts volume toward export markets.
spglobal.comPhillip HerringNov 13, 2026After 297 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.
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.
