The USDA’s latest 2015/16 crop year projection for soybean oil use is 5.4 billion pounds, according to the latest WASDE information. This is likely a number that is sufficiently large enough to cover the 2016 allotment of the 1.9 billion gallon 2016 D4 mandate (9 months) plus the three-month portion of the 2015 mandate of 1.73 billion gallons.
In each calendar year if we assume biodiesel imports to…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...