Biodiesel and renewable diesel imports continue to enter the U.S. market at a rapid pace. Should this pace accelerate, it could cause forecast demand use of soybean oil by the U.S. domestic biodiesel industry to decline. 2015 Biomass-based diesel imports through August are already 96% of full year 2014 imports and ahead of the 2013 import pace that saw 342.4 million gallons imported. However, imports in…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...