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...
Most CME grain prices showed a downward trend on Thursday. March wheat was unchanged at $5.83/bu. March soybeans decreased $0.13 and settled at $11.47/bu. Additionally, March soymeal dropped $7.10 and closed at $334.90/st, while March corn fell $0.05 to $4.06/bu. Corn prices ended the day with losses, mainly due to expectations of a large South American harvest and rising stockpiles in the U.S. at a time of uncertain demand. Additionally, soybean prices closed with double-digit losses following another round of technical selling.
Weekly Ethanol Update
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