Biodiesel RINs remain bullish with the aggressive pace of consumption needed to achieve the D5 mandate on top of the D4. Also, there could be roughly 107 million invalid RINs that will need to be accounted for, depending on the EPA’s soon to be released ruling with Genscape. The EPA currently has Genscape on the hook for 68 million RINs. On top of the Genscape amount, there are 39 million invalid D4 RINs attributed to Triton Energy,…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...