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Updated estimates of renewable diesel through 2026
University of Illinois analysts looked into the future of renewable diesel production in the U.S. and saw some headwinds. Renewable diesel production capacity has exploded in recent years, increasing by more than three billion gallons. This substantially impacted fats and oils feedstock markets. However, the profitability of renewable diesel has taken a hit in the last year. The industry began to produce at levels greater than the demand ceiling set by the annual renewable volume obligations...