04.17.2024
What is Biodiesel?
Biodiesel is a renewable fuel produced thorough the transesterification process. Transesterification is a chemical progression that converts vegetable oil, or other fats, oils and greases, into biodiesel. ...
Lower potential supply relative to the bumper harvest seen in 2014, has allowed bean meal prices to gain traction and nearly break out. In early trade on Tuesday, March bean meal futures contracts had broken out above trend line resistance as momentum gains traction.
The USDA surprised the market by dismissing expectations for increased soybean plantings and projecting fewer soybean acres…