Loading…
Chevron announced plans to resume operations at its idled biodiesel plant in Ralston, Iowa, which has been shut since 2024. The restart is backed by a feedstock supply agreement with neighboring Landus Cooperative, whose soybean plant will supply the raw material.
The company says it will be a staged process with no firm restart date yet.
Restarting a plant with roughly 42 million gallons of annual capacity adds soybean oil demand from biodiesel, supporting soybean oil and crush margins. The effect on prices is modest given the staged timeline and no firm date.
hoodline.comBobby MercerNov 13, 2026Not enough comparable past events yet for a historical read.
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.
