07.11.2025
Sausage casings bulletin, July 11, 2025

Runner market commentary
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Can you count the moving targets in play today in this Biodiesel market? EMTS data, HOBO, D4 or D5, argie bio and sugar cane ethanol arbs, BTC or PTC the ways in which the remainder of CAL 15 might play out is nothing short of dizzying. Sure the June EMTS number for D4 generation was HUGE, but this was largely anticipated by most, given the June B15 generation numbers were a product of…