RVO Gallon Projections Slipping From EPA Final Rule Estimate
The Environmental Protection Agency (EPA) announced the final rule establishing the 2023 through 2025 biofuel requirements and associated percentage standards for cellulosic biofuel, biomass-based diesel (BBD), advanced biofuel, and total renewable fuel.
All values in the chart above are ethanol-equivalent based on energy content. The BBD volumes calculated from the EPA percentage standards are 2.82, 3.04, and 3.35 billion gallons for 2023, 2024, and 2025. To convert the physical BBD volume to “ethanol equivalent” volume, EPA uses a 1.6 multiplier to adjust the number of gallons to RINs projected.
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11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...