EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update showed operable U.S. biofuel capacity reached a new high of 23.765 billion gallons during November. Total capacity was 108 million gallons more than October and eight percent above November 2022 capacity of 21.94 billion gallons. The Petroleum Supply Monthly report disclosed refinery and blender net inputs of renewable fuel to be 28.7 million barrels, 1.49 million barrels below October input, but 105 thousand barrels above November 2022. U.S. inputs of renewable fuel were 64 percent of capacity.
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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...
11.21.2024
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...
11.21.2024
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...