The Environmental Protection Agency (EPA) reported 1.14 billion gallons of renewable fuel was consumed during February 2021, an 11 percent decline from January and 19 percent below February 2020. Renewable Fuel Standard (RFS) credit generation fell nine percent to 1.26 billion and was 19 percent below February 2020.
Biomass-based diesel (D4) consumption was two percent over January but four percent below February 2020. February Biodiesel output was 1.4 percent over January, renewable diesel consumption was unchanged, and renewable jet fuel use was 1.7 percent above Jan.
Advanced biofuel (D5) credit generation declined 37 percent in January, driven largely by a 48.5 percent drop in co-processed renewable diesel consumption. Co-processed renewable diesel is renewable diesel that is produced when an oil company adds renewable feedstock to the traditional…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...