Demand for canola oil as a feedstock in the US has steadily increased in recent years. This is evidenced by feedstock demand data provided by the California Air Resources Board (CARB) and the Energy Information Administration (EIA).
CARB data shows canola oil taking a larger proportion of the biodiesel feedstock mix. Canola oil accounted for 8% of the feedstock used to produce biodiesel in the California market in 2022. The amount increased to 21% in 2023 and to 32% in the first quarter of 2024.
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11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...