Could Biodiesel Imports be Negatively Impacting Soybean Oil Stocks?

Biodiesel imports were not expected to be running at levels currently seen.  With forecasts showing that imported biodiesel and renewable diesel could account for up to 40% of this year’s mandated production, some might want to start considering the ramification on our domestic soybean oil market.  Domestic soybean oil is used in the production of Biodiesel and soybean oil is the largest…