04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
MBM, both ruminant and porcine, were steady this week. Ruminant MBM prices held firm this week, despite a drop in the SBM futures price. With many looking at May SBM contract, the weekly SBM average of $329 puts the weekly MBM average of $364 at 110%. Porcine blood meal jumped today, four loads traded between $830 – 900 FOB Midwest.
Ruminant sellers seem to be getting some help from improved conditions in the porcine market. With some expecting…