11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
Trading was quiet to close out the week. Bloodmeal reports remain mixed with volume reported throughout the printed range. Porcine MBM out of the IA/NE/MO market is currently trading at a $60 premium to Mo. River ruminant, $20 over the prior three year average for August. The wide spread suggests ruminant prices are likely to increase in the near term as buyers take advantage of the value. Some production interruptions tied to storm damage from earlier in the week may also contribute to slightly tighter supplies in the nearby market, which is supportive of higher values.
Figure 1.
…