Daily Charts
The RINs market remains relatively subdued. The 2019 biodiesel RIN went unchanged from yesterday’s close, holding at 58 bid versus a 59 offer. The 2020 biodiesel RIN increased half a cent in value to 61.50 and the 2021 biodiesel RIN was quoted 60 bid versus a 64 offer.
The LCFS credit continued to stabilize around the $200 mark. Bids were last seen for $199 against offers at 203 in the prompt market. Fourth quarter 2020 and first quarter 2021 were showing $198 bids. Further down the curve, there was a fourth quarter 2022 trade at $194. In Oregon, the CFP credit was showing a $130.50 offer. $129 reportedly traded yesterday.
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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...