Neste, the world’s largest producer of renewable diesel and jet fuel, reported fourth quarter earnings below market expectations and provided a 2024 outlook, indicating sales margins would fall below the 2023 average of $863 per ton.
Fourth-quarter 2023 renewable products comparable sales margin increased 7.7 percent to $813 per ton, up from $755/ton in the fourth quarter of 2022. Full-year 2023 renewable products comparable sales margin was $863/ton, 10.8 percent above the $755/ton average during 2022.
…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...