Generation of 2024 renewable identification numbers (RINs) under the US Renewable Fuel Standard (RFS) totaled 14.42 billion in July, up from 12.18 billion in June. The overall RIN mandate calls for 21.54 billion RINs to be generated. The program is now 67% complete, with five months to go in 2024. July RIN production was 2.24 billion, 4.8% above June and 13% over July 2023.
The RFS mandate is comprised of four precise mandates and one implied mandate.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...