With 10 months of Renewable Fuel Standard (RFS) production accounted for in 2023, RIN generation for the various “D” categories has been a mixed bag.
RIN generation within the D3 cellulosic code has been lacking, with only 568 million RINs produced over the first ten months of the year. RIN production is 15 percent above 2022 volume through the same period, but it trails the current mandate. The mandate was originally stated as 840 million gallons but based on the percentage mandate, and shifting fuel consumption, the mandate is now expected to be closer to 830 million gallons. Based on ten months of production, it appears the D3 category could fall short of meeting the mandate.
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12.10.2024
September renewable diesel shipments to West Coast reach new high
September interregional shipments of biodiesel to the West Coast were down, while flows of renewable diesel (RD) to the region reached a six-month high, monthly data released on November...
12.10.2024
Gulf UCO prices continue to rise, Midwest fats remain ‘soft’
Prices for used cooking oil (UCO) delivered to the US Gulf Coast continued to climb on Tuesday December 10, even as markets softened in other regions.
Sizeable volumes...
12.10.2024
Bloodmeal prices rise with strong demand
Ruminant bloodmeal traded higher late Monday and on Tuesday December 10, up to $1,200 per short ton FOB Missouri River.
The move comes due to increased demand and...