Animal fats and oils markets steady to lower amid uncertainty over 45Z credit guidelines
The US animal fats and oils markets were largely steady on Thursday December 5, with overall trading remaining subdued.
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US biodiesel imports fall to 2-year low while exports reach lowest since January
US Census Bureau data released on Thursday December 5 showed that biodiesel import volumes in October dropped to their lowest monthly level since October 2022.
The US also exported the fewest monthly gallons of biodiesel since January.
The US imported 21.9 million gallons of biodiesel during October. This was down by 20% from the 26.5 million gallons imported in September, and 58% below October 2023 imports of 50 million gallons.<...
