National Oilseed Processors Association Announces 2025
Today, the National Oilseed Processors Association (NOPA), the trade
The seed oil ban results in more overall biomass-based diesel production over the 25/26 to 35/36 period. However, while soybean oil feedstock use increases initially, after 30/31,
usda.govFats and Oils: Oilseed Crushings, Production, Consumption
Soybean once refined oil production at 1.72 billion pounds during January 2025 decreased 10 percent from December 2025 but increased 8 percent from January 2025 . Canola seeds crushed
The canola oil use for biomass-based diesel production also subsided in January 2025 the on uncertainty surrou biofuel policies.nding In January, canola oil use for biomass -based diesel
AGCanadaNorth American Grain and Oilseed Review: Canola starts 2025
Upticks in crude oil were a little softer than earlier, which saw soyoil give up earlier gains. An analyst noted there's currently little to no bullish new news for the soy complex, which
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The Western ProducerCanola's future hangs on U.S. ruling The Western Producer
Prices were around 51 cents U.S. per pound at the end of April, down from 70
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Dec 7, 2011Canola seeds are used to produce edible oil suitable for consumption by humans and livestock. The oil is also suitable for use as biodiesel. Canola oil is made from canola seed.
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- Will soybean oil go around if more renewable diesel projects are announced?
- Analysts are having a hard time modeling out the soybean oil needs in the near term and long term as more renewable diesel projects are announced. For now, forecasts call for not enough soybean oil to go around despite higher prices and expanded acreage.
- Will soybean prices be high in 2024?
- To increase soybean acres significantly, soybean prices would need to be around $18 per bushel by the 2024-25 crop year. However, to meet the growing renewable diesel market, the U.S. might need to reduce exports of raw beans and increase exports of soybean meal.
- What would happen if the soybean market was built out?
- If everything is built out as projected in the forecasts, farmers would need to add tens of millions of acres of soybeans and yield increases to keep up with the crush demand. For now, soybean prices are expected to rise and acreage to expand, but there may not be enough soybean oil to meet the demand.
- Will the demand for soybean oil increase in 2022?
- According to the USDA's Economic Research Service, soybean oil is projected to see greater demand starting in 2022. Rabobank also offers a similar outlook, projecting greater crush capacity starting in 2023 due to the increasing number of renewable diesel facilities coming online.
- How many soybean acres would it take to build a diesel refinery?
- It would take 40 million additional soybean acres to operate renewable diesel refineries at 80% capacity. Basse's projections align with Nicholson's. 'The math boggles your mind,' Basse said, 'but the investments are being made.'
- Will soybean acreage potentially shift in 2022?
- DTN Lead Analyst Todd Hultman has seen soybean acreage projections ranging from a low of 87 million acres to a high of 90 million acres. Last week, the EPA projected an increase of 820 million gallons in renewable diesel volumes for 2022. Forecasts over acreage shifts right now are mixed.
