**Please Note – Bob Lane was out of the office today and will return on January 10.**
Bakers’ Association Calls on EPA to Reduce Proposed RVOs
In testimony this week before the EPA, stakeholders from the American Bakers’ Association urged the agency to use its statutory authority to decrease proposed biofuel blending requirements.
“The EPA’s proposed increase in advanced biofuel required volume obligations (RVOs) could jeopardize the ability of our members to meet the constant demand of providing millions of baked goods to grocery stores, restaurants, and federal feeding programs,” American Bakers’ Association Senior Vice President, Public Affairs and Government Relations, Lee Sanders, said during her virtual testimony. “That’s because soybean oil, a critical ingredient for bakers, has been increasingly diverted away from the food supply chain and towards the production of advanced biofuels as federally directed by the EPA’s…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...