
The National Biodiesel Board announced a vision for the biodiesel and renewable diesel industry to reach 6 billion gallons annually by 2030, more than doubling current output. Member plants stayed open during COVID-19 after being designated essential, and production in 2020 was reported up year over year.
Planned biodiesel growth would draw substantially more soybean oil into fuel use, supporting soybean oil prices and crush margins. The soybean meal byproduct from that crush would also be more plentiful.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% selama 20 sesi.
Setelah 356 peristiwa kebijakan bullish sebelumnya, Kedelai bergerak median +0,1% selama 5 sesi (53% lebih tinggi; separuh tengah -1,2% sampai +2,3%), dan -0,9% 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.