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A farmdoc daily annual review estimates net RIN generation in 2018 by D-code category, adjusting EMTS data for non-compliance and export retirements and comparing results to EPA's 2018 volume mandates. It reports surplus or deficit estimates for advanced and cellulosic categories.
RIN balances signal whether refiners need to buy biofuel credits and how strongly biofuel blending demand supports soybean oil and corn prices; a tighter balance supports biofuel feedstock demand.
origin.farmdocdaily.illinois.eduHongxia JiaoFeb 28, 2019After 114 past neutral report events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
