Imports of renewable diesel are up 29 percent
The United States imported near-record volumes of renewable diesel fuel in each of the first five months of this year, averaging 30,000 barrels a day, said the Energy Information Administration. The imports, which were 29 percent higher than in the same period in 2023, came from one producer, Neste, and were shipped almost wholly to the West Coast.
Rivals trim soy oil’s lead among biomass-based diesel feedstocks
With the explosion in production of renewable diesel, yellow grease and corn oil are cutting into soybean oil's position as the dominant feedstock for biomass-based diesel fuel, said three agricultural economists.
More biodiesel plants may close in 2024, says ag analyst
Production of biodiesel, the original renewable fuel made from soybean oil, is being squeezed by the boom in renewable diesel, wrote agricultural economist Scott Irwin on Tuesday. "If the losses in 2024 to date continue, more biodiesel plant shutdowns may be in the offing," he said on the farmdoc daily blog.