Biodiesel Trade Update – Nov ’21
According to the USDA, U.S. biodiesel export volumes declined 31.6% on a YOY basis throughout Sep ’21, finishing below previous year levels for the first time in the past five months but remaining at the second highest seasonal level experienced throughout the past eight years.
Sep ’21 U.S. Biodiesel Exports Declined Seasonally to a Six Month Low Level
Sep ’21 U.S. Biodiesel Exports Declined 45.1% MOM While Finishing 31.6% Lower YOY
Sep ’21 U.S. Biodiesel Exports Remained at the Second Highest Seasonal Level in Eight Years
The Sep ’21 YOY Decline in U.S. Biodiesel Exports was the First in the Past Five Months
Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
Sep ’21 U.S. – Canadian Biodiesel Net Trade Finished 80.4% Lower YOY
Sep ’21 U.S. Biodiesel Imports Reached a Three Month High Level
Sep ’21 U.S. Biodiesel Net Trade Finished Negative for the First Time in the Past Six Months