USDA projects 2 percent growth in soybean crush

In the August WASDE report, USDA forecast 2019/20 soybean crush at 2.115 billion bushels, up 50 million bushels from this season’s volume. With crush nearly complete for the 2018/19 marketing year, USDA is estimating total crush at around 2.07 billion bushels, about 1 percent [...]

Narrow gain in May biodiesel production

U.S. biodiesel production was 154 million gallons in May, a five-month high and up 2 percent from May 2018. Manufacturers used 659 million pounds of soybean oil in May, and from January through May, soybean oil accounted for 56 percent of feedstock utilization, displacing [...]

March biodiesel production down 5 percent YOY

U.S. manufacturers produced 141 million gallons of biodiesel in March, up 8 percent from February but 8 million gallons less than a year ago. Total sales of B100, including B100 used in biodiesel blends, were about the same year over year. Imports were 21.4 [...]

April soybean crush down slightly YOY

NOPA members crushed almost 160.0 million bushels of soybeans last month, down about 1 percent from April 2018. Some in the industry expected crush to surpass 161.6 million bushels and break last year’s record for the month, and while that didn’t happen, this season’s [...]

768 million pounds of soybean oil went to biodiesel in December

In December, U.S. biodiesel producers surpassed August’s previous record soybean oil utilization by more than 60 million pounds and delivered a year-over-year increase of 29 percent. Biodiesel production totaled 168 million gallons, up 13.5 percent YOY and slightly higher than the average YOY increase [...]

EU to restrict palm-oil-derived biodiesel

A new EU law would limit the use of biodiesel derived from certain feedstocks to current volumes through 2023 but then zero out their use by 2030. Palm oil is one of the affected feedstocks because of its link to deforestation. Reuters reports that [...]

Is the growth in biodiesel production reaching a plateau?

November biodiesel production showed the lowest year-over-year increase of 2018 to date, with the month’s 159 million gallons up just 7 percent from November 2017. Cumulative 11-month production was up 16 percent from the year before. Manufacturers used 704 million pounds of soybean oil [...]

October biodiesel production near record

The U.S. produced 170 million gallons of biodiesel in October, up 4 percent from September and 1 million gallons shy of tying August’s record volume. Monthly production was up 15 percent from October 2017. Processors used 699 million pounds of soybean oil, up 21 [...]