The 2015 biodiesel RIN’s have been on life support for the past couple of months as we have watched prices slowly decay from the 90 cent level to where they presently sit, in the mid-60 cents range. During the same time frame the BO-HO spread has climbed. Not a pretty picture from a production outlook. Today, B15’s hit their lowest level since December 10th 2014. Back then the BO-HO spread was at a more manageable 28 cents per gallon….
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...