Monthly imports of biomass-based diesel (BBD) reached a yearly high in August after posting a three-month low of 63.3 million gallons in July, according to the Energy Information Administration (EIA). August imports jumped to 83.75 million gallons, easily surpassing the prior yearly high of 71.48 million gallons set in March and pushing to their highest level in six years.
August BBD imports were 32 percent above July and 152 percent over the 33 million gallons imported in August 2022. More than 561 million gallons of BBD have been imported during 2023, averaging 70 million gallons per month.
Biodiesel imports were 42 million gallons, 37 percent over July and 167 percent above the 16 million gallons imported during August 2022. Renewable diesel imports reached 42 million gallons, 28 percent above July and 138 percent over the 18 million gallons imported during August 2022.
…
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...