# Iowa produces record amount of biodiesel

> Iowa's 12 biodiesel plants produced a record 365 million gallons in 2018, up 80 million gallons from the prior year. The rebound followed a sharp drop in biodiesel imports after US duties on Argentine and Indonesian biodiesel.

- Date: 2019-01-10 · published 2019-01-10T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/60967-iowa-produces-record-amount-of-biodiesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong domestic biodiesel output increases crush demand for soybeans and uses more soybean oil, supporting soy oil prices and the crush margin that feeds soybean meal supply.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-01-06 | [Iowa biodiesel production smashes record in 2016](https://feedsoft.ai/events/72883-iowa-biodiesel-production-smashes-record-in-2016.md) | +2.4% | -3.3% |
| SBO | 2021-02-05 | [Iowa Farmers Press Importance of Biodiesel](https://feedsoft.ai/events/48512-iowa-farmers-press-importance-of-biodiesel.md) | +1.4% | +10.6% |
| SBO | 2017-01-26 | [U.S. Producing Record Gallons of Biodiesel, But Imports Also Increasing - American Soybean Association](https://feedsoft.ai/events/72877-u-s-producing-record-gallons-of-biodiesel-but-imports-also-increasing-american.md) | -1.6% | -7.3% |
| SBO | 2020-03-19 | [Why biodiesel is important to Iowa](https://feedsoft.ai/events/54001-why-biodiesel-is-important-to-iowa.md) | +6.4% | +5.0% |
| SBO | 2024-10-25 | [Biodiesel DAP Paulínia price reaches record high for 2024](https://feedsoft.ai/events/6845-biodiesel-dap-paulinia-price-reaches-record-high-for-2024.md) | +2.7% | +2.4% |
| SOY | 2023-05-04 | [Is the biodiesel industry on the ropes?](https://feedsoft.ai/events/15312-is-the-biodiesel-industry-on-the-ropes.md) | -0.8% | -8.2% |
| SOY | 2021-02-25 | [Iowa biodiesel standard is good for farmers and environment](https://feedsoft.ai/events/48511-iowa-biodiesel-standard-is-good-for-farmers-and-environment.md) | -0.9% | +0.6% |
| SOY | 2026-09-11 | [Biodiesel Producers Prepare for Higher US Renewable Fuel Requirements](https://feedsoft.ai/events/14995-biodiesel-producers-prepare-for-higher-us-renewable-fuel-requirements.md) | +3.1% | +0.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/technology/iowa-produces-record-amount-of-biodiesel

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