Renewable Diesel Market Credited for Soyoil Demand

CHS Vice President of Refined Fuels Jason Schwantz says there is growing interest in renewable diesel. “The diesel fuel market is so large and it will take a chunk of it, but I think we are seeing a run-up in prices due to quite a bit of soybean oil going into that space.” Schwantz says more renewable diesel projects are planned, “but, financially, they have to figure out if they can make it.”