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 [...]

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 [...]