02.24.2025
CVR Energy postpones SAF, additional RD capacity plans
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CVR Energy is running its one RD plant at 5,000 barrels per day, or 76 million gallons per year, for now, until the company sees final rules on the...
Trading into China and Indonesia was done at higher levels for MBM this week. Tighter supplies are helping boost values along with a stronger soybean meal market. Soybean meal prices at the CME are up $17 versus a week ago and there is potential for higher prices in the near term. With gasoline prices plummeting over the last few weeks, ethanol margins have quickly turned negative and a number of plants are idling. The slowdown in ethanol production…