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 were higher on Thursday. The only grain market with a loss was May wheat, which dropped by $0.025 and closed at $5.28/bu. May soybeans jumped by $0.18 and settled at $11.66/bu. Additionally, May soymeal increased $4.00 and closed at $334.40/st, and May corn rose $0.0925 to $4.38/bu. The grain market climbed today as traders finalized their positions ahead of the highly anticipated World Agricultural Supply and Demand Estimates (WASDE) report from USDA. Wheat prices faced a slight decline, while corn prices showed minor gains following a round of technical buying and short-covering. Soybean prices followed the uptrend in other commodities, displaying double-digit gains.
Weekly Export Sales – Released March 7, 2024
…