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.
After claiming good sales last week, a few suppliers put out hide offerings overnight with less hides and somewhat firmer prices. Several asking prices are a dollar higher while most remain about the same as last week. There is no indication that buyers are ready to pay more nor is there a sense of how much volume they will need.
This week continues to see the West Coast port slowdown although federal mediators are now involved which…