Ethanol use continues upward climb

For the week ending May 22, ethanol production continued its upward trend to 724,000 barrels per day (bpd), a four-week high but down roughly 32 percent from this time last year. Weekly production rose each week in May. Ethanol use by blenders and refiners averaged [...]

Soybean oil prices crash under energy market tidal wave

Soybean values dropped additionally last week but nothing to match the price depreciation seen in soybean oil futures. The precipitous fall of nearby crude oil futures spilled into the rest of the edible oils complex, pushing soybean oil prices closer to $0.25 per pound. [...]

2019 biodiesel production down 7 percent YOY

U.S. biodiesel producers manufactured 1.73 billion gallons in 2019, down from 1.86 billion in 2018. Production was lower YOY during eight months of the year and dipped sharply during Q4. December biodiesel production was 133 million gallons, up 5 percent from November but down [...]

Will Nov/Dec biodiesel production hold steady?

EIA data for October show biodiesel production was 144 million gallons, up slightly from September but down 16 percent from October 2018, when production set new records right and left. This year, monthly production fell below 2018’s numbers starting in June and fell below [...]

September biodiesel production down 13 percent

U.S. biodiesel manufacturers produced just 142 million gallons in September, down 9 percent from August—the fourth consecutive month of YOY declines—and down 13 percent year over year. Cumulative 2019 production, at 1.32 billion gallons, was down 3 percent from a year ago. Demand for [...]

ABCL Next showcased new & clean biotechnology

The biotechnology industry is budding with many world-changing concepts and ready-for-market products. Several California-based companies working in this space discussed their objectives and perspectives at the Advanced Bioeconomy Leadership Conference (ABLC Next), hosted by Biofuels Digest in San Francisco last week. Alan Shaw, CEO [...]

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 [...]

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