01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
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 RIN production and the largest monthly amount since August 2023, according to data released by the Environmental Protection Agency (EPA) on Thursday November 21.
There were 1.85 billion gallons of renewable fuel consumed during October, generating 2.16 billion RINs. Strong biomass-based diesel and ethanol blending helped lift Renewable Fuel Standard (RFS) blending higher for the first time in three months.
…