Soybean Oil Stocks Hit a 21-Month Low as Biofuels Eat Supply

Soybean oil prices are caught between rebuilding U.S. supply after harvest and firm biofuel demand that keeps stocks tight and the market on edge. Isabela Garcia, StoneX Brazil, Senior Market Intelligence Analyst, explains the forces shaping soybean oil, palm oil and the wider vegetable oil complex. Under the U.S. Renewable Fuel Standard, biomass-based diesel RIN generation still trails the annual target, while EPA small refinery exemptions cloud feedstock demand. Brazil's off-season crush is tightening its soybean oil market, and heavy Malaysian palm oil stocks weigh on prices as Indonesia's B50 mandate and El Niño build risk for 2027. Download the StoneX 2026 Commodities Outlook: https://www.stonex.com/en/insights/commodities-outlook/?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q4_26 Discover Actionable Energy Insights with StoneX Market Intelligence: https://shop.stonex.com/products/sugar-market-reports?utm_source=youtube&utm_medium=social&utm_campaign=mi_outlook_q4_26_sxtv_isabela_garcia 00:00 - Soybean Oil's Q4 Tug of War 00:35 - Soy Oil Stocks at 21-Month Low 02:06 - RIN Gap Props Up Soybean Oil 04:01 - Brazil Soybean Oil Runs Tight 05:55 - Palm Oil's Short-Term Drag 06:41 - El Niño's Delayed Hit on Palm Like and subscribe for more financial market insights. #StoneX #IsabelaGarcia #SoybeanOil #PalmOil #Biofuels --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social