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.
Corn gluten meal prices edged slightly higher this week as demand from export markets has shown more interest recently. Iowa and Illinois relative prices to soybean meal futures climbed this week on the combination of corn gluten meal’s modest price increase, and the weakness with soybean meal futures. Since corn gluten meal’s relative price is already well below its 5-year average level, there is…