June soybean oil use for biofuel down 11% YOY

Manufacturers of biodiesel and renewable diesel used 663 million pounds of soybean oil in June, down 16 percent from May and down 11 percent from June 2020. Soybean oil accounted for about 44 percent of biofuel feedstock consumption during the month. We estimate that [...]

January soybean oil edible use rose 5% YOY

USDA reported that in January, 1.15 billion pounds of soybean oil were removed from stocks for use in edible applications. This volume was up 3 percent from December and up 5 percent from January 2020 as demand for soybean oil has proven notably resilient [...]

August biodiesel production up 5% YOY

Biodiesel production in August was 163 million gallons, up 1 million gallons from July and up from 156 million in August 2019. During Jan-Aug 2020, manufacturers produced 1.189 billion gallons, up 1 percent from the first eight months of 2019 and just slightly lower [...]

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 [...]

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 [...]

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