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...
Bloodmeal trading continues at strong levels with porcine trading over $1000 FOB this week. Trading out of the IA-MO-NE market hit a relative price to soybean meal of 310 percent in March, 60 points under the prior three year average. Given the typical upward swing in the relative price in the spring and early summer months, it’s reasonable to expect bloodmeal prices to stay steady in the near term. Shipping issues are…