Biodiesel Trade Update – Oct ’21
According to the USDA, U.S. biodiesel export volumes remained higher on a YOY basis for the fourth consecutive month throughout Aug ’21, finishing 11.9% above previous year levels and reaching an eight year high seasonal level. U.S. biodiesel net trade reached an eight year high level throughout the month.
Aug ’21 U.S. Biodiesel Exports Rebounded From the Previous Month
Aug ’21 U.S. Biodiesel Exports Increased 11.9% MOM While Finishing 11.9% Higher YOY
Aug ’21 U.S. Biodiesel Export Volumes Reached an Eight Year High Seasonal Level
The Aug ’21 YOY Increase in U.S. Biodiesel Exports was the Fourth Experienced in a Row
Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
Aug ’21 U.S. – Canadian Biodiesel Net Trade Finished 8.9% Higher YOY
Aug ’21 U.S. Biodiesel Imports Declined to a Six Month Low Level
Aug ’21 U.S. Biodiesel Net Trade Reached an Eight Year High Level