Difficult to reconcile the fact that world will add no less than 10 Million Metric Tons of additional Biodiesel/Renewable Diesel by 2027 while growth in soy crush is forecast by EPA to be flat through 2025. It should be noted that many or close to 40% of the widely promoted RD projects in US are being delayed or pushed back for one reason or another. Yet the American Soybean Association thinks an additional 5 million MT of practical crush capacity could be installed. Note that this is equivalent to only 1 million MT of Soy oil. We clearly have a feedstock issue clouding our dreams.
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