October 7, 2020
BY Erin Krueger
The U.S. exported 70,628.1 metric tons of biodiesel and biodiesel blends of greater than B30 in August, up from 48,053.8 metric tons in July and 41,030.2 metric tons in August 2019, according to data released by the USDA Foreign Agricultural Service on Oct. 6.
According to the USDA, the U.S. exported biodiesel and biodiesel blends of B30 or greater to three countries in August, including 67,367.9 metric tons exported to Canada, 2,965 metric tons exported to Peru and 295.2 metric tons exported to Germany.
Advertisement
The value of U.S. exports of biodiesel and biodiesel blends of B30 or greater reached $61.44 million in August, up from $29.79 million in July and $39.41 million in August 2019.
The U.S. exported a total of 378,000.5 metric tons of biodiesel and biodiesel blends of B30 or greater during the first eight months of 2020 at a value of $396.39 million, compared to 309,582.5 metric tons at a value of $297.77 million reported for the same period of last year.
Advertisement
The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.
The USDA’s Risk Management Agency is implementing multiple changes to the Camelina pilot insurance program for the 2026 and succeeding crop years. The changes will expand coverage options and provide greater flexibility for producers.