Vegetable Oils Account for 85 Percent of June Feedstock

Vegetable Oils Account for 85 Percent of June Feedstock

 

EIA June 2020 Biodiesel Production & Feedstock Use

The Energy Information Administration’s (EIA) Biodiesel Production Report showed 151 million gallons of US biodiesel produced from 1.14 billion pounds of feedstock in June. Biodiesel production was 2.7 percent over May while feedstock consumption increased 2.4 percent. June biodiesel production was 6.3 percent above levels from a year ago. The ratio of feedstock used per gallon of biodiesel produced, narrowed from 7.54 pounds to 7.52 pounds per gallon.

According to the EIA, production came from 90 biodiesel plants, up one plant from last month, with a capacity to generate 2.514 billion gallons. This indicates that production, as a percent of capacity was 72 percent. Monthly domestic production capacity, per the EIA is 209.5 million gallons.

The industry’s most widely used feedstock remains…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.02.2024

UCO, heating oil spread widens

UCO, heating oil spread widens

Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...

05.02.2024

US animal protein prices flat to lower amid light trading

US animal protein prices flat to lower amid light trading

US animal protein prices were steady to lower on Thursday May 2 amid reportedly limited trading, with multiple market participants traveling to the Petfood Forum in Kansas City, Missouri,...

05.02.2024

International animal fats and oils, May 2 2024

International animal fats and oils, May 2 2024

Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors...

Latest Tweets