# Renewable Diesel Production and Expanded Soybean Crush - Decision Innovation Solutions

> The US has 56 active biodiesel plants with 2.09 billion gallons of annual capacity and 22 renewable diesel plants with 4.33 billion gallons of capacity, as of January 2024. Biodiesel production has drifted lower since 2018 while renewable diesel output has grown substantially.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15186-renewable-diesel-production-and-expanded-soybean-crush-decision-innovation
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing renewable diesel capacity increases demand for vegetable oils and supports soybean crush expansion, which is supportive for soybean oil prices and meal supply.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- decision-innovation.com: https://www.decision-innovation.com/news/renewable-diesel-production-and-expanded-soybean-crush/

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