Loading…
US biodiesel producers enter 2022 expecting strong growth, with renewable diesel capacity forecast to rise from about 790 million gallons per year in 2021 to roughly 1.9 billion gallons in 2022 and 4.3 billion by 2025. Feedstock demand is expected to outpace supply as new projects come online and producers sign supply deals with soybean crushers.
Rapid renewable diesel capacity growth pulls strongly on soybean oil and other fats and oils, tightening feedstock supply and supporting soybean oil and soybean meal prices.
fastmarkets.comAlexandra Chapman, Robert Lane, Ryan StandardJan 10, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
