*Please Note – Amanda is out of the office Monday July 17 through Friday July 21. Please contact Bob Lane with at [email protected] during Amanda’s absence.

RBD Soybean Oil Premium to Crude Soybean Oil Reaches 47-Week High

Fastmarkets’ valuation of biomass-based diesel margins moved lower as soybean oil prices continued to rise at a more rapid pace than biodiesel. Soybean oil values climbed over two percent during the week ending July 14, and are up nearly 15 percent month over month. The rapid rise in Feedstock cost has pushed margins into the red for most producers, reducing margins to levels not seen since 2021. Drought conditions across much of the Midwest, along with softer energy prices imply continued headwinds for biodiesel profitability.

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