The EPA announced a week delay on its RVO announcement, pushing the deadline back to June 21st. There is a lot of speculation that the delay portends an increase in the RVO gallons, but most have suggested the delay is likely due to a heavy influx of comments from the industry and the EPA needed adequate time for due diligence on the market feedback.

Fat prices continued to climb higher today on support from a stronger soybean oil market and tight, nearby supplies of animal fats. Smaller chickens, poor margins for hog and cattle farmers and cyclical downturns in the industry have all contributed to tighter supplies of raw material for the rendering stream.

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