US biodiesel production fell to 70 million gallons in January, down 48% from December, Energy Information Administration data showed Wednesday. Production was up 6.1% compared with January 2013. Of the 530 million lb of feedstock used to produce US biodiesel in January, soybean oil’s share reached 45.47%, down 8.85 percentage points from December, the EIA said. Article continues below… Platts Biofuelscan is a daily report, covering the latest worldwide biofuel news and prices. It provides a daily summary of market events and developments, along with closing market price assessments from the Americas, Europe, and Asia. Platts Biofuelscan includes prices assessmenst for ethanol, ETBE, renewal indentification number (RIN) biofuels (US market0 and biodiesel. It also includes graphs depicting historic and current trends for major assessments. Soybean oil remained the largest biodiesel feedstock, with 241 million lb consumed. The next three largest feedstocks were corn oil […]