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Soybean Oil Surges With Iran War Adding to Biofuel Tailwinds

Mar 30, 2026 16:44 UTC

Farmers watch as soybeans are moved from a grain truck to a storage silo on a farm near Gregory, Arkansas, US, on Friday, Oct. 24, 2025.

  • Farmers watch as soybeans are moved from a grain truck to a storage silo on a farm near Gregory, Arkansas, US, on Friday, Oct
  • 24, 2025
  • Soybean futures edged higher after US President Donald Trump expressed optimism on striking a deal with China, fueling hopes that the world's largest buyer of the oilseed might soon resume purchases of US supplies

Farmers watch as soybeans are moved from a grain truck to a storage silo on a farm near Gregory, Arkansas, US, on Friday, Oct. 24, 2025. Soybean futures edged higher after US President Donald Trump expressed optimism on striking a deal with China, fueling hopes that the world's largest buyer of the oilseed might soon resume purchases of US supplies.

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