Soyoil Rises as Trump Says Actions to Help Farmers Coming Friday

March 26, 2026, 4:36 PM UTC

Soybean oil climbed for a fifth straight session as President Donald Trump promised more measures to help farmers, who are anxiously awaiting the finalization of US biofuels blending policy.

“Tomorrow we’ll be announcing a variety of actions that we’re taking to support American farmers,” Trump said during a cabinet meeting Thursday.

A decision on mandates for mixing renewable fuels with gasoline and diesel — which has been promised by the administration by the end of March — would help put an end to months of uncertainly for growers and biofuels producers. The guidelines are expected to boost demand for feedstocks ...

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