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.
**Please note, there was a correction on 2/13 to the Gulf and East Coast Yellow Grease FOB Export Values**
Australian tallow prices are unchanged with some sellers reporting active interest at present levels. Sources have reported sales into the Asian subcontinent as well as renewed interest out of Singapore. With palm stearin levels in the $670/MT range, the $550/MT tallow market is very attractive. Cattle slaughter rates…