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...
Trading in the MBM markets was quiet today with no changes reported. There continues to be mixed tones, sellers with export avenues are dealing with less spot supplies and holding their offers steady to higher, but mixed species material continues to struggle to move. Bloodmeal trading was steady today as well, but there are additional reports of heaviness in the market and prices are starting to consolidate in volume towards the lower end of the range.
Feathermeal trading moved higher this week as demand has increased in response to the favorable values to soybean meal. The FAS released export data showing a 37 percent increase in…