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.
Three cars of edible tallow and four cars of technical tallow traded at higher prices today. Bleachable fancy tallow (BFT), both renderer and packer grade, were offered down two cents per pound and were unsold as of press time. Some nearby slack in the BFT market has pressure the market lower over the last couple of days, but continued, very strong demand for both edible and tech have widened the spread to BFT to 14 cents per pound. The sentiment from the demand side seems not to be, “why is it so high?” rather “where can I get…