# D4 RINs seen supporting producer margins through 2021  : The Daily Digest

> D4 RIN prices for 2020 hit a high of $1.1475 on January 6, while soybean oil futures reached a seven-year high of 44.39 cents per lb the same day. Platts reports that high feedstock costs have driven RIN prices higher, supporting biodiesel producer margins.

- Date: 2021-01-07 · published 2021-01-07T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/49014-d4-rins-seen-supporting-producer-margins-through-2021-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher RIN values offset soybean oil feedstock costs for biodiesel producers, supporting soybean oil demand and crush margins; uncertainty over the unannounced 2021 RVO remains a key swing factor.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-03-12 | [Indonesian biodiesel production seen jumping to 3.5 million tons this year  : The Daily Digest](https://feedsoft.ai/events/65877-indonesian-biodiesel-production-seen-jumping-to-3-5-million-tons-this-year-the.md) | +1.8% | +0.3% |
| SBO | 2019-09-25 | [Brazilian veg oil industry sees demand rising 20% in 2020 thanks to B12 mandate  : The Daily Digest](https://feedsoft.ai/events/57164-brazilian-veg-oil-industry-sees-demand-rising-20-in-2020-thanks-to-b12-mandate.md) | -1.3% | +5.7% |
| SBO | 2025-10-30 | [Budget 2025: What support Canadian canola producers want to see](https://feedsoft.ai/events/22376-budget-2025-what-support-canadian-canola-producers-want-to-see.md) | -1.9% | -0.7% |
| SBO | 2022-02-09 | [Behind the Hot Year for Biofuels M&A: 2021 Review and Outlook  : The Daily Digest](https://feedsoft.ai/events/42710-behind-the-hot-year-for-biofuels-m-and-a-2021-review-and-outlook-the-daily.md) | -0.1% | +13.2% |
| SBO | 2018-02-26 | [Brazilian B10 mandate to boost soybean exports by 1.2 million tons  : The Daily Digest](https://feedsoft.ai/events/66592-brazilian-b10-mandate-to-boost-soybean-exports-by-1-2-million-tons-the-daily.md) | -0.9% | -2.9% |
| SOY | 2018-02-26 | [Brazilian B10 mandate to boost soybean exports by 1.2 million tons  : The Daily Digest](https://feedsoft.ai/events/66592-brazilian-b10-mandate-to-boost-soybean-exports-by-1-2-million-tons-the-daily.md) | +2.4% | -0.8% |
| SOY | 2019-04-08 | [Argentina raises biodiesel price to $635.5 per ton for April  : The Daily Digest](https://feedsoft.ai/events/59468-argentina-raises-biodiesel-price-to-635-5-per-ton-for-april-the-daily-digest.md) | -0.4% | -9.1% |
| SOY | 2020-01-09 | [Argentine soybeans facing tax increases \| The Western Producer](https://feedsoft.ai/events/54929-argentine-soybeans-facing-tax-increases-the-western-producer.md) | -1.0% | -6.1% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/d4-rins-seen-supporting-producer-margins-through-2021/

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