# Used cooking oil, a renewable fuels feedstock, nearly 'tapped out' in U.S. -Valero

> Valero says used cooking oil, a renewable fuels feedstock, is nearly tapped out in the U.S. Valero's joint venture with Diamond Green Diesel in Louisiana is expected to add 400 million gallons per year of renewable diesel by Q4 2021.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/47462-used-cooking-oil-a-renewable-fuels-feedstock-nearly-tapped-out-in-u-s-valero
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tight used cooking oil supply shifts renewable diesel makers toward soybean and canola oil, supporting vegetable oil demand and prices.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-03-27 | [Supply of soy to Argentine livestock feed factories down by half and falling](https://feedsoft.ai/events/11213-supply-of-soy-to-argentine-livestock-feed-factories-down-by-half-and-falling.md) | -1.0% | -5.5% |
| SBO | 2021-06-03 | [Argentine oilseed and grain shipments under threat from new strike…](https://feedsoft.ai/events/46406-argentine-oilseed-and-grain-shipments-under-threat-from-new-strike.md) | +2.9% | -8.3% |
| SBO | 2025-03-12 | [March WASDE reduces forecast for 2024-’25 soybean oil use in biofuel production  \| Biomass Magazine](https://feedsoft.ai/events/25672-march-wasde-reduces-forecast-for-2024-25-soybean-oil-use-in-biofuel-production.md) | +1.6% | +7.9% |
| SBO | 2022-11-02 | [Palm oil jumps nearly 5% to 12-wk highs on supply woes - Markets - Business Recorder](https://feedsoft.ai/events/8071-palm-oil-jumps-nearly-5-to-12-wk-highs-on-supply-woes-markets-business-recorder.md) | +3.2% | -0.6% |
| SBO | 2024-09-30 | [Palm Oil News - The Lack of Soyoil in Brazil Made Supply Crisis to Biodiesel Production](https://feedsoft.ai/events/28408-palm-oil-news-the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel.md) | +0.5% | +2.2% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/used-cooking-oil-renewable-fuels-feedstock-nearly-tapped-out-us-valero-2021-04-22/

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