**Please note – Ryan Standard was out of the office today.**
The market was quiet on Thursday, with few price changes reported. Participants continued to point to diminished demand from the biofuel sector. Trading has been limited by weakness in soybean oil, as well as diesel and renewable identification number (RIN) markets.
The use of fats, oils and greases (FOGs) in biofuel production totaled 1.147 billion pounds in November 2023, down three percent on the month to a four-month low, according to the U.S. EIA’s latest Monthly Biofuels Capacity and Feedstocks Update released on January 31.
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01.10.2025
Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
01.10.2025
Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
01.10.2025
Sausage casings bulletin, January 10, 2025
Runner market commentary
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