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Chevron says it will restart its shuttered biodiesel plant in Ralston, Iowa, backed by a feedstock agreement with farmer-owned co-op Landus, whose neighboring soybean processing facility supplies the plant. The Senate is expected to hold a full vote early next week on a permitting reform bill covering energy projects and grid costs.
Restarting a biodiesel plant adds demand for soybean oil and soy feedstock, a modest bullish signal for soybean oil and soybean meal supply balance. The permitting bill is a policy story with limited direct effect on grain and oilseed prices.
agribusinesswire.comOlivia HartNov 14, 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.
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.
