EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined and feedstock demand increased during February. The monthly reduction in capacity was largely due to Chevron closing two biodiesel production facilities, which was partially offset by an increase in ethanol capacity. The Petroleum Supply Monthly report, released on Tuesday, disclosed refinery and blender net inputs of renewable fuel to be 27.5 million barrels, 377,000 barrels above January’s input, and 1.255 million barrels over February 2023. US inputs of renewable fuel were 58% of capacity.
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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...