2023 Biomass-Based Diesel Blending Continues Quarterly Pace 34% Over 2022
June U.S. renewable fuel blending pulled back from the monthly all-time high of 1.81 billion gallons reached in May, falling two percent to 1.78 billion gallons in June. Renewable fuel consumption was down slightly month over month but was seven percent above the 1.66 billion gallons blended during June of 2022. Renewable Fuel Standard (RFS) credit generation reached 2.04 billion RINs in June, 3.4 percent below May but 10 percent over June 2022.
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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...