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.
Today’s Market
It was a little more active today with a modest amount of material sold and a number of bids and offers still being negotiated. Producers seem relatively firm, especially with better grading steers, but not quite as solid with BS and CBS. Processor outlook is mixed depending on products being sold with several much less upbeat about the market, especially looking out beyond the Hong Kong leather fair.
…