
Soybean oil futures have stayed rangebound, mostly between the mid-60 and mid-70 cents per pound, since mid-July despite soybean futures hitting three-year highs and WTI near or above $100 per barrel. The dominant factor is supply and demand, after EPA set record biomass-based diesel mandates for 2026 and 2027 and kept full credit for imported feedstocks.
Surging imports of feedstocks and finished biodiesel have created a domestic surplus that caps soybean oil price gains despite strong biofuel demand. Buyers of soybean meal and oil should not expect strong vegoil-led upside until that surplus is absorbed.
Setelah 351 peristiwa kebijakan bearish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,8%), dan -0,2% selama 20 sesi.
Setelah 554 peristiwa kebijakan netral sebelumnya, Kedelai bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,4% sampai +1,6%), dan +0,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.