Environmental Protection Agency (EPA) showed renewable fuel consumption continued to benefit as the economy moved forward during June. Renewable Fuel Standard (RFS) credit generation increased 20 percent from May with 1.5 billion credits recorded and is 43 percent above the March low. Volumetric consumption in June of 1.37 billion gallons was 22 percent over May output and 49 percent above the pandemic low in March. All fuel codes other than Advance Biofuel experienced an increase. Cellulosic consumption increased 10, biomass-based diesel was up 5 percent, and ethanol rebounded with a 28 percent increase. The advanced biofuel code saw volume decline 22 percent and RIN generation fall 25 percent. This was primarily due to a 52 percent decline in renewable diesel imports during June, which would suggest that the…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...