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.
Market Activity
Ruminant MBM was mostly quiet today, although there was some trading done at lower numbers. IL renderer traded down $5, and the Panhandle market saw light activity as low as $352. Most sources were quiet with the start of the AFIA and suggesting the market is steady, to up.
Porcine MBM traded higher out of the Mo. River, $360 – 395 and as high as $390 FOB Eastern IA/IL.
Feather meal prices were up sharply around the country today. Sources continue to…