06.27.2025
Sausage casings bulletin, June 27, 2025

Runner market commentary
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The Nations Renewable Fuel Standard requires billions of gallons of renewable fuel to blended with gasoline and diesel within the transportation sector each year. Obligated parties can either choose to blend renewable fuels in with the fuel they produce, or purchase RINs on the open Market.
A renewable identification number (RIN) is used for compliance and is the “currency” of the RFS program. Three large, obligated parties have taken the position of “betting” on the RIN market over the past two years, banking on the prospect of lower RIN Prices in the future. Over this time, compliance obligations to ballooned to $2.3 million at the end of the third quarter in 2021.
Fourth quarter financial reporting shows PBF Energy and Delta Air Lines worked to reduce their debt, while CVR Energy added to theirs. All three companies were hoping RIN…
06.24.2025
Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice
North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...