The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion renewable identification number (RIN) credits. December biomass-based diesel production was up by 23% compared with November, helping to lead the rally.
December US renewable fuel consumption was up by 11% from November, pushing total 2024 Renewable Fuel Standard (RFS) production to 21.64 billion gallons, according to EPA Mandated Transaction System (EMTS) data released on Friday January 17. This exceeded the 2024 total RFS mandate of 21.54 billion gallons.
The RFS mandate is comprised of four specific mandates and one implied mandate.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...