The closing numbers
Trading in the physical and RINs markets remains slow. RINs edged lower today, with the B17’s falling to 108 and the E17’s dropping to 84.25 cents. The B17/E17 spread narrowed back to 24 cents. The USDA updated their latest WASDE projections. Soybean oil use was projected higher during the 2016/17 crop year by 50…
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...