EIA February 2020 Biodiesel Production & Feedstock Use

The Energy Information Administration’s (EIA) Biodiesel Production Report released earlier today showed 132 million gallons of biodiesel produced from 1.01 billion pounds of feedstock during February. Biodiesel production edged 1.5 percent lower and feedstock use fell by three percent. February volume was fractionally over volume from February of 2019 and feedstock use was up two percent year over year. The ratio of feedstock used per gallon of biodiesel produced declined from 7.78 pounds per gallon to 7.63.

According to the EIA, production came from 91 biodiesel plants, unchanged from last month, with a capacity to generate 2.5 billion gallons. This indicates that production, as a percent of capacity was 64 percent. Monthly domestic production capacity, per the EIA is 208.8 million gallons.

The…