A vegetable oil analyst sees growing soybean oil demand as a renewable diesel fuel feedstock partly because of flattening palm oil production. Soybean oil production is set to overtake palm oil production in a few years, according to Dr. James Fry, founder of LMC International in Great Britain. “By 2030, soy will be far ahead of palm, significantly ahead as the leading oil,” said Dr. Fry, during a U.S. Soybean Export Council webinar.
Soybean oil’s anticipated demand growth becomes clearer with Dr.
