02.24.2025
CVR Energy postpones SAF, additional RD capacity plans
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CVR Energy is running its one RD plant at 5,000 barrels per day, or 76 million gallons per year, for now, until the company sees final rules on the...
Organic corn prices remain stable in the mid-west hovering just above the $7 level. Prices in Illinois are priced as high at $7.35 and closer to the $7.1 level in the Western Iowa region. Organic corn prices in the Pennsylvania region are trading near the $9.50 level, bid near $9.25, and offered at $9.75. With rail costs from the mid-west to the east coast near $2.25 per bushel, this level appears to be in line with value.
According to official customs data, organic corn imports eased in November, declining 41% year over year compared to the same period in 2019. The rise in organic corn imports was in line with The Jacobsen’s expectations. For the 12-months ending November of 2020, organic corn imports rose 8% year over year, hitting 206K metric tons of…