RIN prices continued to rapidly move higher this morning, with B24 RINs reportedly pushing up to 60 cents before pulling back later in the day. There was market speculation surrounding the EPA potentially limiting imports of some Asian UCO. This has not been confirmed, nor has it been confirmed the EPA is even considering any UCO exclusions.
The D4 B24 RIN closed at 56.75 cents, 24 percent above where it was trading at this time last week, but still down 27 percent from the start of the year. Today’s RIN rally provided relief for margins. While renewable diesel margins have been solidly in the black, stand-alone biodiesel producers have been operating at, or near, the red.
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01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...