The big story this week is the decision by the US Department of Commerce to levy duties on Argentine and Indonesian biodiesel imports into the United States. The duties are retroactive to 90 days prior to when the ruling hits the federal registry, which is likely in the near future. Duties on Argentine material, which accounts for 30% of US D4 (biodiesel) RIN (biodiesel mandate currency of compliance) creation, ranges from 50 – 64% and should effectively…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...