The US imported 18.3 million gallons of biodiesel during June while exporting 21 million gallons. Imported gallons were eight percent below May volume, while exports were basically steady, slipping a mere 0.44 percent, according the US Census Bureau. Cumulative 2020 imports have reached 106 million gallons and are 16 percent above 2019 imports through the first half of the year. The United States is averaging 17.7 million gallons of biodiesel imports per month, which is about 2.5 million above last year’s pace. Eight countries shipped biodiesel to the US during June, twice as many as in May. Both Sweden and Austria sent volumes to the US in June, although the amounts were extremely small. Canada and Germany accounted for the majority of the volume, shipping 53 and 23 percent, or a combined 76 percent of the monthly volume.
Renewable diesel…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...