12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
It was a big week for the RIN markets with the D4 RIN nearing $1.20. This comes as welcome news to biomass-based diesel producers who were working with challenging production economics due to the high feedstock prices versus diesel, also known as the BOHO spread. The gains in the soybean oil futures market showed considerable strength over past months in relation to lower diesel prices. The D4 development structurally comes as good news to producers, but less so with just those with the compliance…