B17’s pushed up to their highest level since Jan 23rd. Could this be the beginning of the breakout necessary to incentivize production? The headline numbers according to the RVO in place, specify 2 billion D4 gallons to satisfy the D4 mandate. Plus, an additional amount needed to satisfy the overall D5 mandate. That additional production will likely be between 520 to 610 million gallons, depending on actual D5…
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...