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.
Distiller markets have been quiet following the down days for grain futures this week. Processors are willing to hold firm on price as supply hasn’t become a burden, meanwhile end users are backing away from the market and showing more resistance toward current prices. It is difficult to find arguments for price strength given outlook for large corn and soybean supplies, likewise there are concerns…