# The US produced more than 1.8 billion gallons of biodiesel in 2020

> The U.S. biodiesel industry produced more than 1.8 billion gallons in 2020, up from 1.725 billion in 2019 but below 2018. Feedstock use totaled 13.63 billion pounds, with soybean oil at about 8.4 billion pounds, or 61.5% of the share, more than a billion pounds higher than in 2019.

- Date: 2021-02-27 · published 2021-02-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48732-the-us-produced-more-than-1-8-billion-gallons-of-biodiesel-in-2020
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher soybean oil use for biodiesel supports domestic soyoil demand and the soy crush value, and shows that biofuel demand held up through the pandemic.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-05-12 | [USDA: More soybean oil will go biofuel production in 2022-“23 \| Biodiesel Magazine](https://feedsoft.ai/events/41485-usda-more-soybean-oil-will-go-biofuel-production-in-2022-23-biodiesel-magazine.md) | -4.9% | -5.6% |
| SBO | 2018-03-28 | [The increased production of biodiesel will strengthen oilseed prices in 2018](https://feedsoft.ai/events/66097-the-increased-production-of-biodiesel-will-strengthen-oilseed-prices-in-2018.md) | +0.3% | -2.5% |
| SBO | 2021-07-22 | [US renewable diesel capacity projected to hit 5.1 billion gallons per year by 2024](https://feedsoft.ai/events/45934-us-renewable-diesel-capacity-projected-to-hit-5-1-billion-gallons-per-year-by.md) | +0.7% | -3.5% |
| SBO | 2020-11-13 | [USDA Leaves Soybean Oil Use in Biodiesel Production Unchanged - The Jacobsen](https://feedsoft.ai/events/50022-usda-leaves-soybean-oil-use-in-biodiesel-production-unchanged-the-jacobsen.md) | +4.8% | +6.8% |
| SBO | 2020-07-31 | [US biodiesel production ticks up in May, soybean oil use hits 70% \| Biodiesel Magazine](https://feedsoft.ai/events/52197-us-biodiesel-production-ticks-up-in-may-soybean-oil-use-hits-70-biodiesel.md) | +5.1% | +11.1% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/the-us-produced-more-than-1-8-billion-gallons-of-biodiesel-in-2020

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