U.S. biodiesel exports reached a new all-time monthly high in April, while imports continued to arrive at twice last year’s pace. Four months into 2023, import activity is 109 percent above the 2022 pace while exports are 52 percent higher.
April imports of 40.6 million gallons were eight percent below the 44.2 million gallons imported in March but 83 percent over April 2022 volume of 22.2 million gallons. Additionally, April imports were 103 percent above the five-year April import average of 20 million gallons.
Imports arrived from six countries during April, down from 10 in March. Germany, Canada, Spain, and South Korea supplied 91 percent of the volume, with additional amounts arriving from Italy and Belgium. Germany has been the largest exporter of biodiesel to the U.S. followed closely by Canada. The two countries combined have…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...