An Economic Driver for Iowa
Biodiesel producers are a vital part of a manufacturing sector that adds substantial value to agricultural commodities produced in Iowa, and makes a significant contribution to the Iowa economy.
Iowa’s 10 operating biodiesel plants produced an estimated 350 million gallons in 2024, making it the top biodiesel-producing state. A study by Decision Innovation Solutions shows contributions to all sectors of the state's economy.
BY THE NUMBERS:
- 1,600 - Jobs (full-time equivalent jobs in all sectors of the Iowa economy supported by the increase in economic activity generated by biodiesel annually)
- $123 million – Labor income in Iowa
- $520 million – Value added
- 2.2 billion - Output (total sales)
Farm Economy Impact
A strong Iowa biodiesel market helps farmers weather difficult economic times, supporting Iowa’s number one industry: agriculture.
Biodiesel and renewable diesel support 10 percent of the value of every bushel of soybeans grown in the U.S.
- For Iowa farmers, the biodiesel industry supported $1 per bushel in 2024 and $598 million in overall value.
Biodiesel production helps livestock production become more profitable while increasing our available food supply and reducing food prices.
