# US biodiesel industry walloped in 2021 with potential aggregate loss of nearly $1 billion

> A University of Illinois analysis estimates the average 30-million-gallon US biodiesel plant lost 61 cents per gallon in 2021, or more than $18 million. Aggregate industry losses are put at about $987 million, with the losses attributed to soybean oil prices rising faster than biodiesel prices.

- Date: 2022-02-17 · published 2022-02-17T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/42788-us-biodiesel-industry-walloped-in-2021-with-potential-aggregate-loss-of-nearly
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Losses at biodiesel plants signal weaker soybean oil demand from the biofuel sector and the risk of plant closures. Policy-driven renewable diesel growth is pulling feedstock demand, keeping soyoil supported.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-17 | [Biodiesel Industry Bleeds Red in 2021 While Renewable Diesel Production Explodes](https://feedsoft.ai/events/42786-biodiesel-industry-bleeds-red-in-2021-while-renewable-diesel-production-explodes.md) | +6.8% | +4.4% |
| SBO | 2020-04-30 | [US biodiesel production falls by 2 million gallons in February](https://feedsoft.ai/events/53734-us-biodiesel-production-falls-by-2-million-gallons-in-february.md) | -1.0% | +6.2% |
| SBO | 2021-05-04 | [U.S. imports of biomass-based diesel increased 12% in 2020 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/46961-u-s-imports-of-biomass-based-diesel-increased-12-in-2020-u-s-energy-information.md) | -0.8% | -2.4% |
| SBO | 2024-08-12 | [August WASDE maintains forecast for 2024-’25 soybean oil use in biofuel production  \| Biodiesel Magazine](https://feedsoft.ai/events/28877-august-wasde-maintains-forecast-for-2024-25-soybean-oil-use-in-biofuel.md) | -5.1% | -2.1% |
| SBO | 2025-08-13 | [August WASDE maintains outlook for 2025-’26 soybean oil use in biofuel production  \| Biodiesel Magazine](https://feedsoft.ai/events/23409-august-wasde-maintains-outlook-for-2025-26-soybean-oil-use-in-biofuel.md) | -3.0% | -4.1% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/us-biodiesel-industry-walloped-in-2021-with-potential-aggregate-loss-of-nearly-1-billion

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