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.
Weekly Export Sales
Soybean export sales came in at 1.133 million metric tons for the current 2014/15 season 1.438 TMT for the combined seasons. Current season sales are up 24% from last week and 59% better then their prior four-week average. Sales are also well beyond the 600 to 900 TMT analyst were anticipating. Leading purchasers were China, Mexico, and the Netherlands….