05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
February biodiesel imports reached 54.5 million gallons, according to Census Bureau data released today. This was nearly 8% above January imports of 50.6 million gallons and 46% above the 37 million gallons received a year ago. Monthly import volume reached its highest level since September 2023 and was a record high for the month of February, surpassing the February five-year average by 242%.
Biodiesel was imported from six countries, two fewer than in January. Germany, Spain, and Canada were the top contributors, supplying 89% of the volume. Belgium, Italy, and Malaysia provided the balance. February biodiesel imports remain well above the 2023 monthly average of 43 million gallons.
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