The combination of reduced gasoline demand and a proposed D4 RVO that was well below market expectations, led to the slowing of renewable fuel production in April. Obligated parties are likely reassessing the market ahead of the EPA’s expected June announcement that will finalize the 2023 through 2025 RVOs and could lead to an adjustment in one or more of the RVO categories. Slowing gasoline demand in a somewhat suspect economy led to a reduction in ethanol blending. D4 credit generation, which appeared to be getting ahead of itself, also slowed during April.
There was 1.6 billion gallons of renewable fuel blended into the national transportation motor pool during April according to data released today by the Environmental Protection Agency. Renewable fuel consumption was 4.4 percent below March,…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...