USDA Predicts Soybean Oil Use For Biofuel Production Will Increase In 2025, 2026
The USDA on February 27, 2025, released its Grains and Oilseed Outlook for 2025, predicting a modest increase for 2025-2026 soybean production. Soybean oil prices are projected down slightly, and soybean oil use for biofuels is expected to increase. U.S. soybean suppliers are expected to increase less than 1% in 2025-2026 on higher beginning stocks
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