Brazil’s beef tallow use in biodiesel grows 30% in September

Brazil’s domestic biodiesel production based on beef tallow grew from August to September, according to data published by Brazil’s National Petroleum Agency, or ANP, on Oct. 21. According to the data released, beef tallow accounted for 76,497 cu m of the total biodiesel produced during the month of September, an increase of 30% compared to August, when the total share of tallow used for biodiesel was 58,685 cu m. The increase reflects how the beef tallow market has been adapting after the US announcement of 50% tariffs on imports. In August, for instance, exports totaled 65,000 mt, according to data published by Brazil’s Foreign Trade Secretariat. In September, numbers dropped to 28,000 mt, reflecting the new export landscape with the announced tariffs. Therefore, all the volumes that were not exported became available for domestic consumption, and buyers started observing better margins for producing biodiesel using tallow, especially in a moment when soybean oil prices remain at ...