Uncertainty Leaves RINs Volatile
Biodiesel RINs continue to pare losses after falling 33 percent following remarks the White House was considering aiding refiners that have seen compliance costs rise sharply in recent months. RIN values had fallen up to 33 percent in value with the D4 biomass-based diesel RIN dropping from $2.03 before the announcement to $1.37 in the days following. Values began to stabilize on Friday and continued to climb higher on Monday, with the D4 RIN settling at $1.59.
The renewable fuels market continues to operate without renewable volume obligations (RVO’s) for 2021 and the supreme court is expected to issue their ruling on small refinery exemptions (SRES) within the coming weeks. These two issues will have a huge impact on where RIN values stand. A move by the Administration to roll back…
02.25.2025
Prices for US animal fats and oils hold steady amid pressure from outside markets
The US animal fats and oils markets held steady on Tuesday February 25, with limited new trades reported throughout the day.
Following an active trading week last week,...
02.25.2025
US weekly soybean, wheat export inspections increase; corn drops
Export inspections of US grains showed a decline for corn, but an increase for soybean and wheat in the week to Thursday February 20, according to USDA data released...
02.25.2025
US hide export shipments fall below weekly, yearly levels
US hide trading was relatively slow, with a reported trade on heavy native steers (HNS) at steady levels and a slight dip for butt branded steers (BBS). Market participants...