# EIA: Biofuel Capacity Down in May, Feedstock Use Up - World-Energy

> EIA data showed US operable biofuel capacity dipped slightly in May, with ethanol and biodiesel both down month over month. Total feedstock consumption rose versus April and May 2022, while renewable diesel capacity held steady.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15285-eia-biofuel-capacity-down-in-may-feedstock-use-up-world-energy
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher feedstock consumption signals stronger processing demand for oilseeds and fats, which supports soybean oil and meal prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-01-03 | [EIA: US Biofuel Capacity, Feedstock Consumption Up In October - Canadian Biomass Magazine](https://feedsoft.ai/events/15245-eia-us-biofuel-capacity-feedstock-consumption-up-in-october-canadian-biomass.md) | -0.8% | -6.4% |
| SBO | 2024-05-13 | [EIA February Update: U.S. Biofuel Capacity Down Slightly While Feedstock Consumption Up - Michigan Advanced Biofuels Coalition](https://feedsoft.ai/events/15217-eia-february-update-u-s-biofuel-capacity-down-slightly-while-feedstock.md) | +3.4% | +4.2% |
| SBO | 2023-09-13 | [USDA  Maintains 2023-'24 Forecast for Soybean Oil Use in Biofuel - World-Energy](https://feedsoft.ai/events/15275-usda-maintains-2023-24-forecast-for-soybean-oil-use-in-biofuel-world-energy.md) | +0.3% | -9.3% |
| SBO | 2026-06-03 | [Biofuel Feedstock Demand Up 12% in March as Soybean Oil, Corn Oil Reach Record Highs: EIA - OPIS, A Dow Jones Company](https://feedsoft.ai/events/18890-biofuel-feedstock-demand-up-12-in-march-as-soybean-oil-corn-oil-reach-record.md) | -3.1% | -7.6% |
| SBO | 2022-12-06 | [Is the biofuel industry approaching a feedstock crunch? - IEA](https://feedsoft.ai/events/15348-is-the-biofuel-industry-approaching-a-feedstock-crunch-iea.md) | -3.2% | -5.8% |

## Sources

- world-energy.org: https://www.world-energy.org/article/34963.html

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