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Farmdoc daily analyzes US renewable diesel and FAME biodiesel supply from 2011 to 2022, covering production, imports and beginning stocks. Renewable diesel capacity reached 2.6 billion gallons at the end of 2022 after a 225% expansion in two years.
Rapid renewable diesel expansion is a structural driver of soybean oil and other vegetable oil demand, supporting oilseed prices over the medium term.
farmdocdaily.illinois.eduHongxia JiaoApr 12, 2023Not 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.
