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USDA: US biodiesel exports, imports both up in 2023

February 8, 2024

BY Erin Voegele

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American Airlines discusses SAF potential in 2023 Sustainability Report

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By Erin Voegele

July 16, 2024

Sustainable Aviation FuelsUseMarketsBusiness

American Airlines consumed 2.7 million gallons of SAF in 2023, according to its 2023 Sustainability Report. While that volume of SAF use was up 4% when compared to 2022, it accounted for less than 1% of total fuel use during the year.

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Renewable diesel margins could experience a modest increase this fall, according to CoBank’s latest Quarterly Research Report. If realized, that boost to margins could mitigate softening demand for soybean oil in the biofuel market.

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The International Air Transport Association has called on South Africa to mobilize its experience, resources, and infrastructure to accelerate the development of sustainable aviation fuel (SAF) production.

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Japan is working to develop standards for SAF according to a report filed with the USDA FAS's Global Agricultural Information Network on July 5. The government is expecting to begin drafting SAF legislation later this year.

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The U.S. exported 71,012 metric tons of biodiesel and biodiesel blends of B30 and greater in May, according to date released by the USDA on July 3. Biodiesel imports reached 127,104.7 metric tons for the month.

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