Link to USDA Report December 17, 2021 here
Prepared By: Zeljko Biki
Approved By: Levin Flake
Report Highlights:
Ethanol consumption in Australia is forecast to decline in 2021 at only 1.1-percent of the gasoline pool,
and biodiesel use similarly is forecast to decline from already very low levels at only 0.1-percent of the
total diesel pool. Australia has very large feedstock (grains and molasses) supplies for bioethanol as
well as robust supplies of feedstock (canola, tallow and used cooked oil) for biodiesel production.
However, only a very small amount of these are used for domestic biofuels production. There is no
federal government subsidy, tax credit or mandate supporting the production or use of biofuels. Only
two states have biofuel programs with ethanol and biodiesel mandates, but these mandates are far from
being reached. The federal government’s introduction of new fuel standards for gasoline from January
1, 2022 may significantly raise the ethanol blend rate in Australia
