Deficits in the Renewable Fuel Standard (RFS) program soared by 50% and Renewable Identification Number (RIN) prices climbed by 13% in the two trading days following the release of the Environmental Protection Agency (EPA)’s annual compliance data report on May 16.
The EPA implemented safeguards in 2023 to correct a growing discrepancy between projected and actual fuel consumption that caused deficits in the RFS program to grow. The EPA added a 3.5% buffer to account for continued shortages in the projected fuel consumption estimates, but this measure fell flat.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...