Blog IICA

Soybean oil rises 3.4% driven by biofuel demand

30/03/2026
Soybean oil prices rose up to 3.4% in Chicago, reaching 69.68 cents per pound — the highest level since late 2022 — driven by the Iran conflict and new US biofuel blending mandates that materially increase biomass-based diesel demand for 2026 (Hirtzer, Bloomberg Línea, 2026).
Cita (Hirtzer, Bloomberg Línea, 2026).
Fuente Bloomberg Línea (2026)