04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
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An offer was extended and passed on for the CWG Chicago market at ₵68/LB as well as on Mo. River at ₵65/LB. Choice white grease also saw diminished pricing in Indiana but a slightly wider range of ₵63-65/LB in the Carolinas. Contacts also reported higher pricing on yellow grease due to product reformulations, with a new high of ₵56/LB Mo. River as well as Carolinas (delivered). Twenty cars of technical tallow were reported at Chicago equivalent value today at ₵79.50/LB.
The EIA reported ethanol production lower, at 994 thousand barrels per day for the week ending February 11th, 2022 in its most recent Weekly Petroleum Status Report. The Jacobsen estimates distiller’s corn oil production…