A strong start for US biodiesel production in 2024 has the production pace quickly closing in on the 2024 D4 biomass-based diesel mandate. This has caused a pause in demand for biodiesel, slowing production and slowing the supply of glycerin as well.
D4 production reached 1.77 billion gallons at the end of April, accounting for nearly 60% of the 2024 D4 mandate. This has some producers pumping the brakes as margins begin to deteriorate.
A small producer in Iowa is temporarily shutting down operations until the end of the year, when they expect margins to improve, according to reports. The producer also cited market uncertainty on lapsing blenders tax credit and the lack of clarity surrounding the new clean fuel production credit.
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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...