# D4 Production, Renewable Diesel, and RINs - The Jacobsen

> D4 biomass-based diesel RINs traded near $1.50 to $1.60 through mid-2023 after the EPA kept 2023 D4 blending levels unchanged in June. RIN values then fell to a closing low just under 80 cents on October 10.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15269-d4-production-renewable-diesel-and-rins-the-jacobsen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower RIN values reduce the incentive to produce biomass-based diesel, which weakens feedstock demand for soybean oil and other vegetable oils.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-05-27 | [The Road Ahead: Renewable Diesel & SAF](https://feedsoft.ai/events/30342-the-road-ahead-renewable-diesel-and-saf.md) | +1.7% | +2.0% |
| SBO | 2023-07-06 | [New Biofuel Targets Are the End of the Road for Renewable Diesel \| BloombergNEF](https://feedsoft.ai/events/15294-new-biofuel-targets-are-the-end-of-the-road-for-renewable-diesel-bloombergnef.md) | -0.3% | -2.6% |
| SBO | 2023-11-27 | [Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry](https://feedsoft.ai/events/33251-soybean-oil-prices-fall-4-amid-possible-reduction-in-demand-from-the-biodiesel.md) | -0.2% | -4.1% |
| SBO | 2024-05-13 | [Renewable diesel glut hits US refiner profits, threatens nascent industry \| Reuters](https://feedsoft.ai/events/15212-renewable-diesel-glut-hits-us-refiner-profits-threatens-nascent-industry-reuters.md) | +3.4% | +4.2% |
| SBO | 2017-09-27 | [EPA announces smaller biodiesel production - soybean](https://feedsoft.ai/events/69029-epa-announces-smaller-biodiesel-production-soybean.md) | -2.2% | +3.3% |

## Sources

- thejacobsen.com: https://thejacobsen.com/2023/10/27/d4-production-renewable-diesel-and-rins/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.