04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Market Activity
Eight cars of technical tallow traded at $0.3200 Chicago today, four for the 30 day window and another four outside of the 30 day window. Packer and renderer tallow were both offered out at steady pricing and unsold as of press time.
Choice white grease prices drifted slightly lower in line with our comments last week. Hog slaughter and choice white grease production will remain seasonally low, as the norm for the July, but up between 3.0% to 3.5% compared…