04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
The Environmental Protection Agency (EPA) reported 1.52 billion gallons of renewable fuel consumed during December, a 3.4 percent increase over November but five percent below December 2019. Renewable Fuel Standard (RFS) credit generation climbed 4.5 percent to 1.69 billion credits but was four percent below December 2019. Increased biomass-based diesel production and stronger sugarcane ethanol imports helped drive the…