Biodiesel RINs held in a narrow trading range but the markets trend continues to be slightly higher. Industry uncertainty coupled with reduced production keeps pricing in a holding pattern. The 2019 biodiesel RIN traded 56 today and closed 55.5 bid versus a 56.5 offer. Ethanol RINs are no longer trending higher and are losing value relative to the biodiesel RIN. The 2019 ethanol…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...