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. ...
The animal protein market was again sideways today with no changes reported. Again, sellers continue to ask for higher prices but thus far the market has traded steady. Porcine bloodmeal seems to have found a near term bottom. The April average price to nearby soybean meal is 252 percent for the IA/MO/NE market, 26 points under the prior three year average. Historically, the relative price to soybean meal has increased in May as hog slaughter is seasonally tight. A…