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...
Throughout the week, the CME market for grain and feed faced notable fluctuations amid USDA’s latest reports, including export sales data and the grains and oilseeds outlook, which showed significant yield forecasts. These projections, combined with current weather conditions, placed downward pressure on the grain markets.
DDG prices stayed consistent in most locations this week, while the Minnesota/Dakota and Iowa markets faced a slight decrease. Market participants noted some downward pressure in the market, but also mentioned that plant issues kept spot values steady.
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