Annual US energy consumption from renewable sources during 2019 exceeded that of coal for the first time since 1885. The US Energy Information Agency (EIA) reported coal consumption declined nearly 15 percent compared to 2018, while total renewable energy consumption grew by 1 percent.
US energy consumption by source and sector shows that about 56 percent of US renewable energy is used in the electric power sector 22 percent in industrial, 12 percent in transportation, 7 percent in residential, and 2 percent in the commercial sector.
The EIA reported 2019 US renewable energy use within the transportation sector was down 0.30…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...