For the last year we’ve been working on building on the offerings in our Market Intelligence (MI) Report of LowCI Feedstocks and Biomass-Based Diesel. We’ve just redesigned the format and offering behind MI to include a weekly webinar with our team of Senior Analysts. In this week’s report we looked at the effects of the Blender’s Tax Credit, new biofuels mandates from Indonesia, palm oil trading in a premium to soybean oil, and lastly how tallow forecasts are looking starting this year.
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...