# US biofuel producers ramped up in Oct as profitability improved, data shows

> Reuters reports that US renewable diesel producers ran at 77% of operable capacity in October 2024, the highest since July 2024. Biodiesel plant utilization rose to 89%, the highest since June 2023. The report notes that biofuels remain more expensive to produce than diesel.

- Date: 2025-01-03 · published 2025-01-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15154-us-biofuel-producers-ramped-up-in-oct-as-profitability-improved-data-shows
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher plant utilization signals stronger demand for soybean oil and other feedstocks, though high production costs relative to diesel depend on policy support.

## Read by commodity

- SBO: bullish ▲
- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-09-07 | [Soybean oil used to produce US biofuels reaches new record in June - Fastmarkets](https://feedsoft.ai/events/14991-soybean-oil-used-to-produce-us-biofuels-reaches-new-record-in-june-fastmarkets.md) | -2.6% | -5.2% |
| SBO | 2026-10-05 | [Soybean oil used to produce US biofuels reaches new all-time high in July - Fastmarkets](https://feedsoft.ai/events/14988-soybean-oil-used-to-produce-us-biofuels-reaches-new-all-time-high-in-july.md) | +1.7% | +3.3% |
| SBO | 2023-11-14 | [The Biodiesel Profitability Squeeze that Wasn’t - farmdoc daily](https://feedsoft.ai/events/15265-the-biodiesel-profitability-squeeze-that-wasn-t-farmdoc-daily.md) | +2.6% | -1.2% |
| SBO | 2025-07-11 | [Biofuel demand to soak up more than half of US soyoil production next year, USDA says \| Reuters](https://feedsoft.ai/events/15102-biofuel-demand-to-soak-up-more-than-half-of-us-soyoil-production-next-year-usda.md) | +0.2% | -0.7% |
| SBO | 2026-08-03 | [US soybean oil use for biofuels production hits record high in May - Fastmarkets](https://feedsoft.ai/events/14999-us-soybean-oil-use-for-biofuels-production-hits-record-high-in-may-fastmarkets.md) | +2.6% | -0.7% |
| DIESEL | 2017-04-27 | [EIA: Inflows of Gasoline and Diesel Into the Midwest Fall as Demand Flattens and Production Grows - Fuels Market News](https://feedsoft.ai/events/71703-eia-inflows-of-gasoline-and-diesel-into-the-midwest-fall-as-demand-flattens-and.md) | -3.9% | +5.0% |
| DIESEL | 2020-08-26 | [EIA Gasoline and Diesel Retail Prices Update, Aug. 25, 2020 - Fuels Market News](https://feedsoft.ai/events/51802-eia-gasoline-and-diesel-retail-prices-update-aug-25-2020-fuels-market-news.md) | -2.3% | -11.6% |
| DIESEL | 2021-07-29 | [U.S. renewable diesel capacity could increase due to announced and developing projects -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/45930-u-s-renewable-diesel-capacity-could-increase-due-to-announced-and-developing.md) | -3.8% | -1.8% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-biofuel-producers-ramped-up-oct-profitability-improved-data-shows-2025-01-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.