# US biodiesel production falls by 2 million gallons in February

> US biodiesel production fell by 2 million gallons to 132 million gallons in February, according to EIA data released April 30. Midwest plants supplied 75% of output, and soybean oil consumption rose by 54 million pounds.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53734-us-biodiesel-production-falls-by-2-million-gallons-in-february
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Biodiesel output and feedstock use drive soybean oil demand and crush margins, and the data shows that feedstock demand is still firm despite the drop in production.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-04-11 | [USDA maintains forecast for soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/36472-usda-maintains-forecast-for-soybean-oil-use-in-biofuel-production-biodiesel.md) | +0.5% | -2.5% |
| SBO | 2022-10-12 | [USDA maintains forecast for soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/15365-usda-maintains-forecast-for-soybean-oil-use-in-biofuel-production-biodiesel.md) | +0.8% | +8.6% |
| SBO | 2017-06-26 | [In 2017 global palm oil production will rise by 7 million tonnes.](https://feedsoft.ai/events/70589-in-2017-global-palm-oil-production-will-rise-by-7-million-tonnes.md) | +4.2% | +6.3% |
| SBO | 2024-06-12 | [June WASDE maintains 2024-’25 forecast for soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/29863-june-wasde-maintains-2024-25-forecast-for-soybean-oil-use-in-biofuel-production.md) | +1.0% | +9.5% |
| SBO | 2026-07-10 | [July WASDE maintains 2026-’27 forecast for soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/15012-july-wasde-maintains-2026-27-forecast-for-soybean-oil-use-in-biofuel-production.md) | +5.9% | +0.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/043020-us-biodiesel-production-falls-by-2-million-gallons-in-february

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