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.
Soybean oil got hit not once but twice today as the March CBOT contract traded as low as $30.05 cents per pound before recovering slightly to $30.34. Yesterday afternoon the EPA announced that they had approved a RFS pathway for Argentine SME. A move that will likely provide a flood of the Argentine product into the country due to their differential export tax system, which allows them to sell…