The morning started with rumors and reports of RFS2 changes including a shift of the obligation from refiner to blender, but also reports of a producers tax credit. Ethanol companies and blenders blasted the administration, the RIN market traded furiously lower before ending the day back up, although lower than yesterday. The bean oil market was up over 200 points at one point today before eventually settling up 130 on the May contract. Needless to say, all of this…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...