Key Takeaways:

The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into carbon-rich ecosystems. Unlike palm oil, soybean production is driven by demand for soymeal, with soyoil representing a valuable coproduct rather than the primary factor influencing acreage expansion. Soyoil avoided a regulatory barrier in the EU, but its future growth as a biofuel feedstock will depend more on competitiveness, sustainability certification, and supply-chain traceability than on policy eligibility alone. Any future increase in EU soyo...