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.
Bean Oil Reverses Earlier Gains Following Robust USDA Report
Soybean oil prices reversed earlier gains and fell the most since November after the government reported that inventories expanded in the U.S. Domestic stockpiles on Dec. 1 reached 2.524 billion bushels, the U.S. Department of Agriculture reported Monday. That’s the biggest for the date since 2006 and compares with 2.154 billion a year earlier. Analysts surveyed had expected 2.599 billion, on average.
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