# U.S. biodiesel production still increasing despite expiration of tax credit -
		U.S. Energy Information Administration (EIA)

> EIA reported that US biodiesel production through the first nine months of 2017 was slightly above 2016 levels despite the expired blender's tax credit. It said production may keep rising due to new Commerce import duties on Argentina and Indonesia.

- Date: 2017-12-15 · published 2017-12-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67355-u-s-biodiesel-production-still-increasing-despite-expiration-of-tax-credit-u-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Rising domestic biodiesel output supports soybean oil use, and tighter import policy shifts supply toward domestic producers, which is supportive for soybean oil.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-02 | [Domestic renewable diesel capacity could more than double through 2025 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15334-domestic-renewable-diesel-capacity-could-more-than-double-through-2025-u-s.md) | -0.0% | -0.0% |
| SOY | 2025-02-26 | [USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 \| Biodiesel Magazine](https://feedsoft.ai/events/15143-usda-predicts-soybean-oil-use-in-biofuel-production-will-increase-in-2025-26.md) | -4.6% | -2.9% |
| SOY | 2023-11-03 | [Increased Renewable Diesel Production is Attracting Competition for Soybean Oil](https://feedsoft.ai/events/15258-increased-renewable-diesel-production-is-attracting-competition-for-soybean-oil.md) | +1.8% | +1.6% |
| SOY | 2026-06-11 | [June WASDE increases estimate for 2025-’26 soybean use in biofuel production  \| Biomass Magazine](https://feedsoft.ai/events/15021-june-wasde-increases-estimate-for-2025-26-soybean-use-in-biofuel-production.md) | +0.8% | +6.5% |
| SOY | 2024-01-12 | [USDA boosts forecast for 2023-’24 soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/15246-usda-boosts-forecast-for-2023-24-soybean-oil-use-in-biofuel-production.md) | -1.5% | -3.9% |
| SBO | 2022-03-24 | [EIA projects U.S. renewable diesel supply to surpass biodiesel in AEO2022 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15408-eia-projects-u-s-renewable-diesel-supply-to-surpass-biodiesel-in-aeo2022-u-s.md) | -3.0% | +263.0% |
| SBO | 2021-07-29 | [U.S. renewable diesel capacity could increase due to announced and developing projects -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/45930-u-s-renewable-diesel-capacity-could-increase-due-to-announced-and-developing.md) | -2.4% | -8.3% |
| SBO | 2023-02-02 | [Domestic renewable diesel capacity could more than double through 2025 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15334-domestic-renewable-diesel-capacity-could-more-than-double-through-2025-u-s.md) | -2.7% | -1.9% |

## Sources

- eia.gov: https://www.eia.gov/TodayinEnergy/detail.php?id=34152
- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2017/12/eia-us-biodiesel-production-still-increasing-despite-expiration-of-tax-credit/

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