There weren’t many changes reported as March drew to a close today. Choice white grease prices are higher out of the Mo. River market with buyers reaching for material in the absence of yellow grease and distillers corn oil.
Biodiesel production in January was estimated at 134 million gallons, down 10 million gallons compared to January of 2019. Choice white grease usage was lower in January relative to 2019 at 48 million pounds in 2020 versus…
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...