04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
A number of packing plants in Australia remain closed during the Christmas/New Year holiday (normal for this time of year) and will return to full production on January 12. There were some meat works that only closed during the public holidays.
Australia currency has hit below the $0.81 mark—the lowest in several years—and is helping keep hide prices stable despite softened demand. Heavy steers have trended…