Deficits in the Renewable Fuel Standard (RFS) program soared by 50% and Renewable Identification Number (RIN) prices climbed by 13% in the two trading days following the release of the Environmental Protection Agency (EPA)’s annual compliance data report on May 16.
The EPA implemented safeguards in 2023 to correct a growing discrepancy between projected and actual fuel consumption that caused deficits in the RFS program to grow. The EPA added a 3.5% buffer to account for continued shortages in the projected fuel consumption estimates, but this measure fell flat.
…
10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...