The Renewable Fuel Standard (RFS) was established in 2005 and subsequently expanded in 2007. There continues to be bipartisan support for the program despite severe conflict between the oil and agricultural industries on how best to interpret the program. Over the past few years, the program has operated under extreme duress.
The RFS mandates that US transportation fuels must contain a minimum amount of biofuel. The EPA provides the renewable volume obligations (RVO) on an annual basis. The RVOs are based on statutory requirements for four fuel categories – total renewable fuel, total advanced fuel, biomass-based diesel, and cellulosic biofuel. The total renewable fuel statutory requirement is equal to the sum of total advanced fuel and total conventional fuel. Conventional fuel is not specified in statute but is…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...