RINs continued their uncertain spiral lower. Biodiesel RINs are trading in the low to mid 30’s with the B18’s only holding about ¼ of a cent premium to the B17’s. Ethanol RINs are 13.5 cents and 14.625 for the E18’s and 19’s. California’s LCFS credit is at the other end of the spectrum trading $186 and holding near its all-time high of $193.
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...