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.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...