04.17.2024
What is Biodiesel?
Biodiesel is a renewable fuel produced thorough the transesterification process. Transesterification is a chemical progression that converts vegetable oil, or other fats, oils and greases, into biodiesel. ...
Trading was quiet again today with few changes reported. Choice white grease prices remain firm with prices moving higher out of the Missouri River & Indiana market today. Demand remains strong from the biodiesel and feed sectors. Prices are starting to get toppy in terms of relative price to corn. The current average price of $0.265 FOB Missouri River has a relative price of 409 percent to the December corn contract and 420 percent to the September contract. The prior three year average for September is 385 percent, the prior two…