The 2019 biodiesel RIN moved higher to start the week, trading last at 56 cents and going out 55.5 bid versus a 56.5 offer. The 2018 biodiesel RIN market was quiet and settled 52.5 bid versus a 53-cent offer. California’s LCFS credit held at Friday’s close, $195 bid against a $197 offer. At this LCFS price level, a gallon of biodiesel made from tallow with a CI of 35 would generate a per gallon credit of…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.