The Environmental Protection Agency (EPA) reported 1.73 billion gallons of renewable fuel consumed during December, 7.7 percent above November and 14 percent above December 2020. Renewable Fuel Standard (RFS) credit generation of 1.9 billion RINs was 9.2 percent over November and 15 percent above December 2020. Increased biomass-based diesel (D4), Advanced biofuel (D5), and ethanol (D6) production contributed significantly to the month over month growth.
December biomass-based diesel (D4) consumption of 364.4 million gallons was 25 percent over November and 27 percent above December 2020. Biodiesel use increased 33 percent and renewable diesel consumption increased 12 percent. Renewable jet fuel saw a 23.5 percent decline in usage during November. Compared to 2020, December biodiesel consumption was up 8.2 percent, renewable diesel was 68 percent higher, and renewable jet…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...