04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Today’s report suggest that DDGS prices had a slight decrease in Illinois, Indiana, Michigan, and Ohio. Market participants have noted a sense of heaviness in the market.
CME grain prices were mixed on Monday. March wheat declined $0.2225, closing at $6.09/bu, and January soybeans increased by $0.32, settling at $13.36/bu. In addition, January soymeal rose by $8.50 to $413.20/st. while March corn dropped by $0.04, reaching $4.81/bu. The decrease in corn and wheat prices was largely caused by abundant global supplies and unfavorable export inspection data. However, soybeans surged by double-digits due to Brazil’s production cuts and due to the country facing ongoing hot and dry weather.
Weekly Soybean Crush
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