the outlook and impact of biodiesel on oilseeds sector john c baize usda conference basics basic ingredients are a refined fat or oil 87 methanol 12 catalyst 1 about 7 5 pounds required for each gallon produced process creates 86 glycerin 8 alcohol 4 fertilizer us diesel consumption in 2004 consumed 62 3 billion gallons that amount 48 6 were used transportation purposes agriculture 2 total supplies highway usage was 37 soyoil will be most important feedstock 53 facilities today 34 use only as 11 plants multiple feedstocks recycled cooking oils fats uses beef tallow cottonseed new intend to primarily some southern coastal likely imported palm accounts 75 vegoil incentives energy act 2005 provides federal tax incentive