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Monthly biodiesel production rises in May: EIA data

Houston — Monthly biodiesel production rose 2 million gallons to 154 million gallons, in May, with 69% of production coming from the Midwest region, 2 percentage points higher than April, US Energy Information Administration data showed Wednesday.

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Of the 1.178 billion pounds of feedstocks used to produce biodiesel in May, 55.9% of feedstock was soybean oil, slightly higher than April, the EIA said.

Soybean oil remained the largest biodiesel feedstock, with 659 million lb consumed, the EIA said in its latest monthly biodiesel production report.

The next largest biodiesel feedstocks were corn oil (144 million lb) and yellow grease (138 million lb), according to the EIA.

Producer sales of biodiesel during May included 72 million gallons sold as B100 (100% biodiesel) and an additional 89 million gallons of B100 sold in biodiesel blends with diesel fuel, the EIA said.

Production came from 99 biodiesel plants with an annual production capacity of 2.5 billion gal/year, according to the EIA.

-- Jordan Young, jordan.young@spglobal.com

-- Edited by Richard Rubin, newsdesk@spglobal.com