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.
Hog slaughter finished the week at an estimated 2.754 million, down from last week’s 2.79 but well over last year’s 2.528. Despite the increase in production, up 5 percent year to date, values have been strong through the month. Strong feed and pet food demand are adding strength to the market as is a stronger soybean meal market. Soybean meal prices are up an average of 11 percent for March relative to February, while Missouri…