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US Production, Rendered Products Imported % CHANGE 2021-2022 SUB-TOTAL FATS & GREASE Imports US Production, Rendered Products Exported % CHANGE 2021-2022 509.3 % 1,023.1 % 624.1 % 1,117.7 % 1,242.0 % 844.5 % 1,320.5 % 1,279.4 % 2,562.5 % 2,123.9 % 114.8 % 94.6 % B-TOTAL PROTEIN Imports T RENDERED PRODUCTS Imports SU MEALS U UB B TOTAL SUB-TOTAL FATS & GREASE Exports B-TOTAL PROTEIN Exports TOTAL RENDERED PRODUCTS Exports Sources: Trade Data Monitor, US Energy Information Agency for biodiesel inputs, USDA NASS - Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks Summary US Market Report and Market With the pandemic largely in the rearview window, demand is expected to thereby increasing demand for rendered products. Renewable Fuel Standards and the continued expansion of the biomass-based diesel sector globally will increase demand and prices for rendered fats. Demand for protein meals will The expanded soybean crush capacity expected to come online in the U.S. will contribute toward the supply and demand for fats and oils for renewable demand for rendered animal protein due to changing consumer preferences and markets for U.S. rendered protein products in 2023 and beyond. R www.rendermagazine.com Sources: Trade Data Monitor, US Energy Information Agency for biodiesel inputs, USDA NASS - Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks Summary SU MEALS U UB B Render 17
