Federal Agriculture Department officials are warning that the rising demand for biodiesel is pushing up the demand, and the price, for the feedstocks that go into biodiesel… and that is cutting into already thin margins biodiesel are working under.
USDA Chief Economist Keith Collins says soybean oil prices have already been going up, and farmers are planting 15 percent fewer acres of soybeans to make way for corn to produce ethanol… pushing supplies down even further… and prices for the biodiesel feedstock even higher.
“As we look out over the coming year, we still think we’re going to have adequate supplies of soybeans, but the price for soybean meal and soybean oil is going up, and biodiesel, made from soybean oil has already been on a very thin margin over the past year.”
Officials say rising regular diesel prices have stayed up as well, and that has helped.
Click here to hear the USDA’s story on this subject.


Tonight’s Major League Baseball All-Star Game will be seen by millions of fans across the country… thanks, in part, to biodiesel. And it’s just the start for the green fuel’s part on America’s sports stage.
Fox Sports will be powering all of its generators, satellite trucks, and other diesel equipment at its television compound in San Francisco with 20 percent biodiesel, B20.
According to a
Hybrid and alternative fueled vehicles were in the spotlight July 6 at the
The U.S. House Agriculture Committee is considering a measure that would allow U.S. growers to sell cane and beet sugar for making ethanol. It’s part of an 111-page proposal updating U.S. agriculture subsidies.
California-based Green Star Products, Inc. announced today that it has completed the second phase of testing its facility that turns algae into biodiesel.