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...
A car of technical tallow traded up two cents today into/through the Chicago market. Used cooking oil trading was active today as well with material traded into the Atlantic Seaboard at 35 cents delivered. UCO into the southeast market is 32 cents and indications are higher for December on tighter supply and strong demand to start 2021.
Cattle slaughter finished last week at a 647,000 head, down 1.5 percent from a year ago and up 1.4 percent relative to the week prior. Slaughter is forecast a 0.03 percent above the prior six week average over the next six weeks, but a post holiday boost is expected….