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...
Soybean meal futures slipped slightly lower today, closing at $300.50 for the October contract. If protein were protein, ruminant MBM prices should be around $315 this week, but heavy supplies and all veg diets continue to push the relative price to bean meal lower. At an average of $217.50 today’s relative price to SBM is at 72.4%, which is slightly better than the 70.6% relative price for the market for Jan – August. Prices typically move lower in September…