The Environmental Protection Agency (EPA) reported renewable fuel consumption edged higher in September relative to August. Renewable Fuel Standard (RFS) credit generation increased 2.5 percent from August with 1.63 billion credits recorded. RIN generations was 55 percent above the April pandemic low. Volumetric consumption of 1.47 billion gallons was 1.3 percent over August output and 60 percent over the pandemic low. Biomass-based diesel with support from cellulosic production carried renewable fuel consumption higher during the month.
Biomass-based diesel (D4) consumption increased 12 percent from August, led by a resurgence in renewable diesel. D3 Cellulosic production increased on a 10 percent climb in renewable compressed natural gas. Both the D5 (Advanced Biofuel) and D6 (Conventional Renewable Fuel)…
04.15.2024
Soybean oil stocks climb as soybean crush reaches record high
The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels. This was largest crush on record, outpacing by 0.55%,...
04.15.2024
Soybean oil market adds negative pressure to DCO market
Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on what was otherwise a quiet trading day.
The lower...
04.15.2024
Hog slaughter forecast lower into May
Market sources reported no trades outside the previously set ranges for animal proteins in the US for Monday April 15.
For the week ending April 20, 2024, hog...