Soybean Oil in US Biodiesel Production Hits All-Time High in 2020

Soybean Oil in US Biodiesel Production Hits All-Time High in 2020

** Notice** The Jacobsen will discontinue reporting various price points beginning in March 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.

 

EIA December 2020 Biodiesel Production & Feedstock Use

The Energy Information Administration’s (EIA) Monthly Biodiesel Production Report showed 159 million gallons of US biodiesel produced from 1.18 billion pounds of feedstock during December. Biodiesel production was eight million gallons over November while feedstock consumption increased by 46 million pounds. December 2020 biodiesel output…

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