05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
EIA US Biodiesel Production
According to EIA data, the US biodiesel industry produced 1.27 billion gallons in 2014, which is down 90 million gallons, or 6.7%, from the 1.36 billion gallons produced in 2013. Soybean oil continued to be the industry’s favorite feedstock with just over 4.8 billion pounds used in production. Yellow grease, canola oil, and distillers’ corn oil were the next three most called upon feedstocks, accounting for 1.07 billion pounds, 1.04…