RBD Soybean Oil Continues to Hold 13 Cents Premium to Crude Degummed Soybean Oil
Fastmarkets’ valuation of biomass-based diesel (BBD) margins continued lower as the sustained soybean oil rally has moved at a more rapid pace than the rise in biodiesel pricing. The weekly average soybean oil price increased two percent during the week ending July 21 and is up nearly 16 percent month-on-month. The continued rise in feedstock cost has pushed margins into the red, falling 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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02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...