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.
Ruminant MBM traded at $310 FOB Mo. River for 34 loads through October, this afternoon. Fifty-six trucks of porcine MBM traded at $325 FOB Eastern IA/IL. Most sources were calling the market quiet today.
A single load of pork blood traded at $750 FOB Midwest.
There were some steep drops in the protein market last week with both ruminant and porcine falling at double-digit numbers. Some sub-$300 trading in the ruminant market helped steer the…