October Renewable Fuels Standard (RFS) RIN generation was eight percent over September, reversing last month’s five percent decline and generating the second largest number of monthly RINs this year. The gallons of renewable fuel blended jumped to 1.82 billion, a record high for the year. Production rebounded in the conventional (D6) and biomass-based diesel (D4) categories, along with strong import activity during the month.
October RIN generation reached 2.11 billion RINs, 7.7 percent above September and 16 percent over October 2022. The 1.82 billion gallons of fuel blended was 7.6 percent above September and 13 percent higher year over year.
Strong ethanol consumption and a continued over-production within the D4 biomass-based diesel (BBD) category contributed to the October rise in RIN generation and fuel production. Domestic ethanol consumption was up 9.5 percent from September, carrying the D6 sector higher.
…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...