Biodiesel Trade Update – Mar ’22
According to the USDA, Jan ’22 U.S. biodiesel export volumes finished 22.7% above previous year figures, reaching a ten year high seasonal level. The YOY increase in U.S. biodiesel export volumes was the 11th experienced throughout the past 13 months. The U.S. remained a net importer of biodiesel for the fifth consecutive month, however.
Jan ’22 U.S. Biodiesel Exports Declined Slightly From the Previous Month
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Jan ’22 U.S. Biodiesel Exports Declined 8.0% MOM but Remained 22.7% Higher YOY
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Jan ’22 U.S. Biodiesel Exports Reached a Ten Year High Seasonal Level
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The Jan ’22 YOY Increase in U.S. Biodiesel Exports was the 11th in the Past 13 Months
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Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
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Jan ’22 U.S.-Canadian Biodiesel Net Trade Finished Positive for the First Time in Four Months
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Jan ’22 U.S. Biodiesel Imports Declined From the Previous Month’s Four Year High Level
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Jan ’22 U.S. Biodiesel Net Trade Remained Negative for the Fifth Consecutive Month
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