Ethanol prices gain on counter-seasonal supply shift
September 23, 2016
BY Rick Kment, DTN
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Legislation introduced in the California Senate on June 23 aims to cap the price of Low Carbon Fuel Standard credits as part of a larger effort to overhaul the state’s fuel regulations and mitigate rising gas prices.
The government of Brazil on June 25 announced it will increase the mandatory blend of ethanol in gasoline from 27% to 30% and the mandatory blend of biodiesel in diesel from 14% to 15%, effective Aug. 1.
The U.S. EIA reduced its 2025 and 2026 production forecasts for a category of biofuels that includes SAF in its latest Short-Term Energy Outlook, released June 10. The forecast for 2025 renewable diesel production was also revised down.
The U.S. exported 21,545.9 metric tons of biodiesel and biodiesel blends of B30 and greater in April, according to data released by the USDA Foreign Agricultural Service on June 4. U.S. imports of biodiesel were at 4,417.3 metric tons for the month.
The Iowa Biodiesel Board and Iowa Soybean Association joined Pilot Travel Centers, PepsiCo and Optimus Technologies to celebrate the launch of a new B99 biodiesel pump for fleets at Pilot’s Des Moines travel center.
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