# EPA underestimated U.S. biodiesel production | The Western Producer

> New EPA data show U.S. biomass-based diesel production reached about 4 billion gallons in 2023, well above the 2.82 billion gallon RFS requirement for that year. The industry says the EPA underestimated sector capacity in setting the 2023-2025 mandates.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/15237-epa-underestimated-u-s-biodiesel-production-the-western-producer
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Production far above mandated volumes signals oversupply in biofuel demand, pressuring soybean oil and RIN prices and reducing the policy support for vegetable oil feedstock prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-12-13 | [USDA sees little renewable diesel benefit for soybean oil \| The Western Producer](https://feedsoft.ai/events/43703-usda-sees-little-renewable-diesel-benefit-for-soybean-oil-the-western-producer.md) | +0.9% | +5.0% |
| SBO | 2018-01-01 | [October biodiesel production fell slightly to 146 million gallons  : The Daily Digest](https://feedsoft.ai/events/67049-october-biodiesel-production-fell-slightly-to-146-million-gallons-the-daily.md) | +1.1% | -0.0% |
| SBO | 2026-05-27 | [USDA estimates 2026 sunflower production at 2.38 billion pounds](https://feedsoft.ai/events/19372-usda-estimates-2026-sunflower-production-at-2-38-billion-pounds.md) | +1.7% | -4.6% |
| SBO | 2026-04-10 | [CBOT review: Soybeans rise with soymeal \| The Western Producer](https://feedsoft.ai/events/11662-cbot-review-soybeans-rise-with-soymeal-the-western-producer.md) | -3.0% | +4.2% |
| SBO | 2023-02-16 | [Canola exports, soy oil and meal all affect canola’s price \| The Western Producer](https://feedsoft.ai/events/37285-canola-exports-soy-oil-and-meal-all-affect-canola-s-price-the-western-producer.md) | +1.9% | -6.8% |
| SOY | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | -0.9% | -0.6% |
| SOY | 2024-05-23 | [China's imports to determine prices \| The Western Producer](https://feedsoft.ai/events/14749-china-s-imports-to-determine-prices-the-western-producer.md) | -2.9% | -6.9% |
| SOY | 2023-11-09 | [USDA surprises trade with latest report \| The Western Producer](https://feedsoft.ai/events/33115-usda-surprises-trade-with-latest-report-the-western-producer.md) | +2.7% | -2.8% |

## Sources

- producer.com: https://www.producer.com/news/epa-underestimated-u-s-biodiesel-production/

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