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Biodiesel Bulletin

Bob Lane | 04.26.2016 | Jacobsen

Bean Oil Slides as Hedge Funds Begin to Shutter

Bean oil futures edged lower on Monday in tandem with soybean futures on concerns that investors who are holding extremely large net-long positions will eventually sell off contracts and liquidate these positions. Friday’s COT report showed hedge funds were long soy beans and potential could liquidate on a technical selloff.

Money managers last week held the biggest net-long position in 23 months,…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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Biodiesel Bulletin

Bean Oil Slides as Hedge Funds Begin to Shutter

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