Biodiesel Growth Powers Soybean Oil Demand | Presented by CME Group

Biodiesel is one of the energy success stories of the 21stĀ century. Annual US production has grown dramatically, from 9 million gallons in 2001 to 1.7 billion gallons in 2023. With soybean oil the key component in biodiesel production, how will growing biodiesel demand impact the soybean oil market? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

Author: Bloomberg Television
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