In Iowa, researchers at Iowa State University have run the numbers and have discovered that since May, the net return on biodiesel production has been 50 cents a gallon—the highest in four years. The return to profitability is a combination of biodiesel, soybean oil, methanol and natural gas prices all in the right place.
Production was down when demand was spiking, and paired with the return of the $1 biodiesel credit, companies look poised for a stellar year.
Category: Research