August Biofuel Production Sees Record Tallow Consumption

August Biofuel Production Sees Record Tallow Consumption

EIA Biofuels Capacity and Feedstock Update

The Energy Information Administration’s (EIA) August Monthly Biofuels Capacity and Feedstocks Update showed operable US Biofuel capacity at 23.503 billion gallons, 10 million gallons above July and 2.133 billion gallons above August 2022. U.S. biofuel capacity is at an all-time high. The Petroleum Supply Monthly report, also released today, disclosed refinery and blender net inputs of renewable fuel to be 31 million barrels, 1.08 million barrels above July, and 633 thousand barrels above August 2022. U.S. inputs of renewable fuel were 67 percent of capacity.

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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