Biodiesel Margins strengthened during the fourth quarter but have lost ground in recent weeks. One Midwest producer The Jacobsen spoke with stated margins are basically a wash against current offers.
Vertically integrated producers are enjoying better margins due to crush operations that allow the processing of soybean oil and provide a good value for crushing beans. Stand-alone biodiesel plants are likely struggling and may need to see margins further above total projected costs before there is adequate incentive to operate.
Many plants do not have the luxury of picking and choosing when to operate, given contracts in place. One West Coast producer commented that “margins are not good right now, but we typically run 100 percent of the time. He went on to say “if RINs and LCFS prices come up after the first of the year, we should be okay because the differentials…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...