# California’s renewable diesel market steadily growing

> Renewable diesel production in California is growing steadily but margins are lower than two years ago. Only about 20 percent of the feedstock used in the state in the first quarter came from soybean oil.

- Date: 2023-09-11 · published 2023-09-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15278-california-s-renewable-diesel-market-steadily-growing
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Thinner margins and a shift toward other feedstocks such as animal fats and waste oils limit how much soybean oil the sector will absorb, which tempers soybean oil demand.

## Read by commodity

- SBO: bearish ▼

## Sources

- agupdate.com: https://agupdate.com/farmandranchguide/news/state-and-regional/article_9fe5af86-4aaa-11ee-9384-b7cf1bb8a140.html

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