Refiners evaluate RIN market, provide outlook heading into 2025

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Refiners evaluate RIN market, provide outlook heading into 2025

Renewable identification numbers (RINs) have had a turbulent year. Prices have fallen more rapidly than the soybean oil/heating oil (BOHO or HOBO) spread during the first quarter of 2024, showing a disconnect with the BOHO due to the large volume of RINs generated.

RIN prices may have bottomed out during the second quarter and seemed to become more structurally sound in relation to the BOHO spread. Sources have noted that RIN prices are pressing higher moving into the third quarter, likely due to...

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Technical tallow trades lower in US, narrowing gap to RBD

Technical tallow trades lower in US, narrowing gap to RBD

Four railcars of renderer-grade bleachable fancy tallow (BFT) traded down to 48.75 cents per lb Chicago basis on Monday...

WASDE forecast lowers cattle production estimate for 1H25

WASDE forecast lowers cattle production estimate for 1H25

The US domestic protein market was quiet on Monday August 12, with no price changes reported.

The Chicago...

Corn futures boosted by strong export demand following WASDE

Corn futures boosted by strong export demand following WASDE

Most grain prices on the Chicago Mercantile Exchange fell on Monday August 12. The September wheat futures contract decreased...

Heavy Texas steer hide prices fluctuate

Heavy Texas steer hide prices fluctuate

The US hide market began the week of Monday August 12 with little change from the close of the...

US soybean oil futures continue to sell off after WASDE

US soybean oil futures continue to sell off after WASDE

Spot trading in the US for soybean oil and other vegetable oils was quiet on Monday August 12.

Organic soybean prices hold steady

Organic soybean prices hold steady

Organic soybean prices have largely moved sideways through 2024, holding their value around the $20/bushel mark, according to Fastmarkets'...

US interregional shipments of biodiesel, renewable diesel to West Coast increase in May

US interregional shipments of biodiesel, renewable diesel to West Coast increase in May

The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report for May, released on July 31, showed that the...

Soybean oil rebound fails to lift US fats and oils as uncertainty remains

Soybean oil rebound fails to lift US fats and oils as uncertainty remains

For the week ended Friday August 9, packer bleachable fancy tallow (BFT) prices in the US declined by 4.6%...

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11.27.2024

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.

Biofuel markets in general have slowed ahead of the implementation of the Clean...

11.27.2024

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.

The...

11.27.2024

US animal protein November price average higher month on month

US animal protein November price average higher month on month

US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.

November...

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