Lower SBO Futures Weigh on DCO Bids
Trading was mostly steady today with the exception of distiller’s corn oil (DCO) into Manly,...
The US Environmental Protection Agency (EPA) approved a pathway for canola/rapeseed oil to be eligible to generate Renewable Identification Numbers (RINs) in the production of renewable diesel, renewable jet fuel, as well as renewable naphtha and renewable heating oil in December 2022. Prior to this ruling, canola oil could only generate RINs in the production of biodiesel.
Canola oil used in the production of b...