# October biodiesel production fell slightly to 146 million gallons  : The Daily Digest

> EIA data show US biodiesel production fell to 146 million gallons in October, about one million gallons below September. Soybean oil remained the largest feedstock at 577 million pounds, down from 604 million in September.

- Date: 2018-01-01 · published 2018-01-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67049-october-biodiesel-production-fell-slightly-to-146-million-gallons-the-daily
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Softer biodiesel output reduces soybean oil demand from the biofuel sector, a modest bearish factor for soyoil and the soybean crush margin.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-12-03 | [September biodiesel production down 13 percent - McKeany-Flavell](https://feedsoft.ai/events/55663-september-biodiesel-production-down-13-percent-mckeany-flavell.md) | +4.7% | +15.1% |
| SBO | 2024-02-02 | [EPA underestimated U.S. biodiesel production \| The Western Producer](https://feedsoft.ai/events/15237-epa-underestimated-u-s-biodiesel-production-the-western-producer.md) | +2.4% | -1.2% |
| SBO | 2020-01-05 | [US biodiesel output rises to 144M gallons in Oct. - BusinessWorld Online](https://feedsoft.ai/events/55176-us-biodiesel-output-rises-to-144m-gallons-in-oct-businessworld-online.md) | -2.1% | -13.0% |
| SBO | 2022-07-15 | [Despite a slight decrease in the oil production forecast, stock market quotations fell sharply 15.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/5594-despite-a-slight-decrease-in-the-oil-production-forecast-stock-market.md) | -1.2% | +6.7% |
| SBO | 2018-01-21 | [Vegetable oil prices decline to 5-month low  : The Daily Digest](https://feedsoft.ai/events/67047-vegetable-oil-prices-decline-to-5-month-low-the-daily-digest.md) | +1.6% | -2.3% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/october-biodiesel-production-fell-slightly-to-146-million-gallons/

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