*Please Note – Bob Lane was out of the office today and will return on Monday, September 25, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
On September 21, the U.S. EPA showed that one new small refinery exemption (SRE) petition had been filed under the Renewable Fuel Standard. The petition was submitted by Placid Refining Company on behalf of its refinery in Port Allen, Louisiana for the 2022 compliance year.
The RFS requires oil refiners to either blend billions of gallons of biofuel into the nation’s fuel mix, or to purchase tradable credits from other blenders or producers. These credits are known as renewable identification numbers, or RINs. The EPA can grant exemptions to refiners that can prove that compliance with the program, including buying RINs, has caused them financial hardship.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...