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
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Biodiesel Pushes President