Biofuel demand to soak up more than half of US soyoil production next year, USDA says

The USDA raised its 2025/26 soybean oil use-for-biofuel forecast by 11.5% from the prior month to a record 15.5 billion pounds. The increase follows recent federal policy moves, including higher blending mandates and curbs on imported biofuels and feedstocks.

The projection is 26.5% above the current marketing year.