The US Energy Information Administration (EIA) has released the February edition of its Short-Term Energy Outlook.
According to the outlook, biodiesel production in the USA averaged 84,000 barrels/day last year, a figure forecast to increase to 107,000 barrels/day in 2016 and 112,000 barrels/day in 2017, Ethanol Producer magazine said on 10 February.
In addition, imports of biodiesel were predicted to rise from 28,000 barrels/day last year to 47,000 in 2016 – remaining at that level for 2017.
The Short-Term Energy Outlook also predicted ethanol production, consumption and export figures.
Ethanol production was predicted to average 970,000 barrels/day this year and in 2017, up from 965,000 barrels/day in 2015.
In terms of consumption, the figure was an average of 965,000 barrels/day last year and is forecast to rise to 920,000 barrels/day this year and next.
Ethanol Producer magazine reported on the EIA’s latest monthly import data available, which said 498,000 barrels of ethanol were imported by the USA in November 2015, 492,000 from Brazil and 6,000 came from Canada.
In the same month, ethanol exports reached 1.45M barrels to destinations including Canada, China and the Philippines.