The Energy Information Administration’s (EIA) released the first edition of its Monthly Biofuels Capacity and Feedstocks Update, replacing the Monthly Biodiesel Production Report. The report showed there to be 20.431 billion gallons of operable US biofuel production capacity in January. The Petroleum Supply Monthly report disclosed refinery and blender net inputs of renewable fuel to be 25.42 million barrels. US inputs of renewable fuel were at 63 percent of monthly capacity.
The 20.431 billion gallons of US biofuel capacity is separated into three segments. Fuel alcohol capacity is 17.339 billion gallons, biodiesel capacity is 2.301 billion gallons, and other biofuels (renewable diesel, renewable heating oil, renewable jet fuel, renewable, renewable naphtha, renewable gasoline, and other renewable…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...