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. ...
Animal protein prices continue to chase the soybean meal market higher. Trading was done at higher levels in a number of markets today and there are indications that some markets that some markets are being held in check purely from a lack of available, spot material. The big hog kills are keeping the porcine MBM market well supplied with material, but a soybean meal market above $370 combined with strong pet food and export demand is driving the overall complex higher. Through today the Missouri River market is averaging 80 percent of the price of nearby soybean…