International Animal Fats

The big story this week is the executive order, or more accurately rumor of an executive order, shifting the point of obligation for renewable fuels to blenders from fuel refiners. RIN prices, particularly ethanol RINS have dropped 19% for the E17 vintage. Bean oil values have skyrocketed, jumping over 200 points in two days. Sources have speculated that a potential producers tax credit for the biodiesel industry is to blame for the bean oil jump, others…