According to the Energy Information Agency (EIA), the United States imported 32.97 million gallons of biomass-based diesel (D4) during March. Imports of D4 increased 10 percent from February but were 19 percent below the volume imported in March of 2019. Cumulative D4 imported gallons through March of 102.4 million gallons are two percent over 2019 volume through the same time period.
March biodiesel imports were up 10 percent from February but 35 percent below the volume received during March of 2019. Biodiesel imports arrived from Canada and Germany. Canada was the leading exporter for the month, providing 11 million gallons or 78.7 percent of the volume, while Germany shipped three million gallons, or 21.3 percent of the total. Cumulative 2019 biodiesel imports of 40.8 million gallons are down 10.4 percent relative to 2019 shipments during the same…
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...