The US and North America have always trailed Europe when it comes to biomass-based diesel. Whether it was policy or production, it seemed that the North American market was two or three steps behind. This may be overly simplistic but not too far off in a general sense.
With the downturn in oil consumption and many refiners looking to improve margins through the production of renewable diesel. Competitors find themselves in a race to take advantage of California’s LCFS market, Canada’s upcoming national LCFS program, and/or the onset of Europes renewable jet fuel mandates (two locations). Following the trend of trailing Europe, could US sustainable jet fuel mandates be far behind? With all the new positioning taking place, North America is becoming a hotbed for future renewable diesel production activity.
Currently, there are 7.6 million…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...