Data released by the US Energy Information Administration (EIA) on Friday May 31 showed that US imports of biomass-based diesel (BBD) surged during the first quarter of 2024.
Imports reached a record high of 263.5 million gallons, 32% above the previous first-quarter record of 200 million gallons set in 2023. First-quarter imports were 4% higher than the fourth-quarter 2023 imports of 138 million gallons.
Biodiesel imports of 143.2 million gallons were a record high for the first quarter, as were renewable diesel imports of 121.9 million gallons. Biodiesel imports were 22% above the prior record of 117.5 million gallons, reached last year, and renewable diesel imports were 21% above the 2021 record of 101 million gallons.
…
11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...