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...
The week began slowly, with no change on prices. China continues to be the major buyer of US hides, while Italy is quiet. Cattle slaughter in the US continues to be strong.
[HIDE-SALES]
The Jacobsen slaughter forecast for this week is 645,000 head, and if realized, will be 4,700 head more than the same week last year when it was 658,900.
Cattle slaughter finished last week 643,000 head, up 0.4 percent from a year ago. Over the next six weeks, slaughter is forecast at an average of 634,00 head, down an average of 2.3 percent from the prior six weeks and down 1.0 percent compared to last year.
Figure 1.
…