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
Jan ’22 U.S. Biodiesel Exports Declined 8.0% MOM but Remained 22.7% Higher YOY
Jan ’22 U.S. Biodiesel Exports Reached a Ten Year High Seasonal Level
The Jan ’22 YOY Increase in U.S. Biodiesel Exports was the 11th in the Past 13 Months
Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
Jan ’22 U.S.-Canadian Biodiesel Net Trade Finished Positive for the First Time in Four Months
Jan ’22 U.S. Biodiesel Imports Declined From the Previous Month’s Four Year High Level
Jan ’22 U.S. Biodiesel Net Trade Remained Negative for the Fifth Consecutive Month