U.S. biodiesel imports slowed during October, pulling back from September’s multi-year high of 55.4 million gallons. Despite the pull-back, October imports were the highest recorded since 2016. Export activity improved, rising 10 percent from September and remaining on pace to exceed the record-setting export volume of 2022.
Imports through October have reached 419 million gallons, surpassing full-year 2022 by 77 percent. There were 50 million gallons imported during October, 10 percent below September but 165 percent above the 19 million gallons received during October 2022. Additionally, imports were 180 percent above the five-year October average of 18 million gallons.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
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CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
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October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...