**Please note – The Jacobsen will not publish reports on Monday, Dec 25th in observance of the Christmas Holiday.**
The Environmental Protection Agency (EPA) reported 1.73 billion gallons of renewable fuel consumed during November. This was six percent below October but one percent over year ago levels. Renewable Fuel Standard (RFS) credit generation fell 6.3 percent to 1.99 billion RINs, 2.4 percent above November 2022. Domestic renewable fuel production accounted for 93 percent of RIN generation and 95 percent of the fuel consumed.
In the D6 conventional renewable fuel category, ethanol blending slowed, falling five percent to 1.22 billion gallons in November. This was down from October’s yearly high of 1.29 billion gallons, and two percent below November 2022 consumption of 1.25 billion gallons. Renewable diesel is also blended within the D6 code and was noticeably absent for a second straight month.
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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...