Malaysian palm oil production not only moved higher for the first time in 7 months, but also jumped 33% in March after stumbling in Jan and Feb due to monsoon flooding. Output hit 1,494,837 metric tons and although it was up significantly from February’s production, it was almost identical to the 1,497,145 MT seen in March of 2014.
March output exceeded analyst expectations, which were looking for a more modest…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...