The closing numbers
Trading in the physical and RINs markets remains slow. RINs edged lower today, with the B17’s falling to 108 and the E17’s dropping to 84.25 cents. The B17/E17 spread narrowed back to 24 cents. The USDA updated their latest WASDE projections. Soybean oil use was projected higher during the 2016/17 crop year by 50…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...