EPA Considers BBD Production Capacity and Other Statutory Issues
The Environmental Protection Agency (EPA) set the 2023-2025 RVO standards at a level they believed appropriate. Many market participants, especially within the biomass-based diesel (BBD) sector, felt the volumes now in place are arbitrarily low.
Commenters have said in different ways to EPA, that it appears EPA did not consider the projected rate of production and use of biodiesel and renewable diesel when determining the proposed volumes. Many citing the Energy Information Administration’s (EIA) own projections being significantly higher than EPA’s.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
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...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...