04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Packer and renderer BFT were offered out steady at $0.2700 and 0.2750, respectively throughout the day before a packer offering was tendered this afternoon at $0.2650 Chicago. Five cars were offered out late this afternoon.
With the lower tallow prices it’s reasonable to expect choice white prices into/through the Chicago market to come off in the near term.
Cattle slaughter continued at a reduced rate last week, finishing out at an estimated 638,000…