Reviewing the RIN dashboard ahead of the March EMTS release. The most recent Energy Information Administration (EIA) energy outlook and the Environmental Protection Agency (EPA) RIN production data provides a snapshot of RIN production and how it contrasts between the original 2024 mandate and today.
The original 2024 renewable volume obligation (RVO) called for 21.54 billion RINs of renewable fuel to blended into the US transportation fuel pool. There are four mandated categories of fuel, total renewable fuel, advanced biofuel, biomass-based diesel (BBD), and cellulosic biofuel. There is also an implied mandate for conventional renewable fuel, often referred to as the implied ethanol mandate.
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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...