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Renewable BioDiesel Projections are Unrealistic

12/15/2022

According to Kenneth Zuckerberg of CoBank, renewable diesel production could increase by a factor of 6 to 6.5 billion gallons in 2030.  This would require cessation of exports and planting an additional 17.9 million acres of soybeans. The required acreage for biofuel would represent a 20 percent increase over the 2022 planted area of 87.5 million acres. This diversion of arable land to soybeans would obviously restrict the quantity of corn available for domestic use for animal feeds (34.5 percent), biofuels (34.4 percent), food (9.4 percent) and exports (13.5 percent) in 2022

 

The current high cost of diesel fuel that indirectly is attributable to restricted refinery capacity has created a current and possibly temporary demand for additional diesel with domestic reserves at a ten-year low.

 

Until electric-powered commercial transport vehicles become a reality, conversion to LPG fuel is a bridging alternative.