**Please Note** The Jacobsen will not publish The Biodiesel Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**
Biodiesel margins have been in the red for a good part of the year. However, after grinding firmly negative in late April through mid-June, market fundamentals began to improve. During October, margins took a strong leg forward and hit highs not seen in several years.
The EPA Moderated Transaction System (EMTS) appears to be reflecting the change as biodiesel consumption increased for the first time in three months during October and renewable diesel output reached an all-time monthly high.
Margins for soybean oil-based biodiesel hit a near-term high on November 10, before pulling back. The outlook for November…
10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...