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USDA Raises Outlook for 2022/23 Soybean Oil Demand

Alexandra Watts | 08.11.2023

Stronger Biofuel Demand for Soybean Oil Boosts Crop Year 2022/23 Forecast

The USDA operates on a crop year basis while most biofuel market watchers tend to look at things through a calendar year outlook. The World Agriculture Supply and Demand Estimates (WASDE) were released today and showed an expected increase in biofuel demand for soybean oil for the 2022/23 crop year. The crop year for soybean oil operates from October 1, 2022, through September 30, 2023.

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03.07.2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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