Both biodiesel and ethanol RINs prices jumped and traded at three-year highs after the US Environmental Protection Agency released its finalized 2017 renewable volume obligations, and many market participants have concerns about the advanced biofuel mandate. Josh Pedrick explains how the US typically finds itself short of the advanced biofuel mandate, how trade with Brazil could impact markets, and parses a recent report that highlights a widening gap between production and blending goals.
Hear more about the 2017 renewable volume obligations in this episode of The Yield podcast.