
Renewable diesel output fell 6% in July to 225 million gallons, while biodiesel rose 9.2% month over month to 106 million gallons but was still 27% below a year earlier. Renewable jet fuel production hit a record 25 million gallons.
Soybean oil use in biofuels is rising, alongside growing imports of used cooking oil and beef tallow.
Stronger soybean oil use for biofuel supports soybean oil prices and reduces oil available for feed. Lower biodiesel and renewable diesel output over the year limits how much this demand can grow.
Setelah 296 peristiwa laporan bullish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,8% sampai +2,0%), dan -0,5% 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.