NEWS
Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri Nov 8, 2013 11:19 AM CST

Soy methyl ester biodiesel spot prices are under pressure in what is described as a market saturated with supply, with production seen satisfying this year's volume mandate under the Renewable Fuel Standard that has also weakened the value of biomass-based diesel D4 Renewable Identification Numbers.

The weaker RIN value, trading 37.5 cents today compared with a $1.46 high for the year reached July 17, also adds to the decline in spot biodiesel prices.

"RINs are low, so that equals a low basis," commented a broker this morning. "RINs are weak, pulling down physical," a trader agreed. "It does this every ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Cows That Last If you've priced replacement heifers lately, or even just added up all the costs of raising your ...
  • Chrysler: What's New for 2015 Here's something you don't want to do at a media event for seasoned automotive journalists from a...
  • Farm Investors Welcome Why own farms when you can own shares in a farmland pool? The advent of agriculture's first real ...
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • GE Critics Range as Skeptics An ad-hoc committee of 18 scientists is tasked by the National Research Council with examining th...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl helps readers wrestle with reality of health insurance costs, congressional inacti...
  • Ag Innovation Showcase At the sixth annual Ag Innovation Showcase in St. Louis this week, start-ups in search of investo...
  • Ask the Vet At what age should a cow be culled?
Related News Stories
(none currently available)