*Please Note – Amanda is out of the office today and will return on Monday, October 9, 2023. *
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) July Monthly Biofuels Capacity and Feedstocks Update showed operable U.S. biofuel capacity at 23.493 billion gallons, four million gallons above June and 2.024 billion gallons above July 2022. U.S. biofuel capacity is at an all-time high. The Petroleum Supply Monthly report disclosed refinery and blender net inputs of renewable fuel to be 30 million barrels per month, 80 thousand barrels above June, and 409 thousand barrels over July 2022. U.S. inputs of renewable fuel were 64 percent of capacity.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...