September U.S. renewable fuel blending fell five percent from August and continues to trend lower with the market heading into Q4. Strong demand and solid import activity earlier in the year may have some producers beginning to slow production. Monthly renewable fuel blending has moved lower in three of the past four months. September blending of 1.69 billion gallons was five percent below the 1.78 billion gallons consumed in August, but 11 percent above the 1.5 billion blended during September 2022. Renewable Fuel Standard (RFS) credit generation reached 1.95 billion RINs in September.
Third quarter 2023 renewable fuel RIN generation reached 5.99 billion RINs. This as on par with the 6.02 billion RINs generated in Q2 2023, but 14 percent above the 5.27 billion created during Q3 2022.
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...