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 traded in good volume out of the Mo. River market today, $362.50 – 375 and up out of the Panhandle, $375 – 380. Trading into the AL/GA and Eastern markets were steady, with sellers seeing a bit of a premium for rail business.
Porcine trading was done at $370 – 410 Mo. River and as high as $400 out of the Eastern IL/IA market.
Blood meal seems to be rebounding lately with less tales of cars and trucks looking for homes. Good volume traded…