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...
Spot trading in the distiller’s corn oil (DCO) market was broadly higher today, although there was a trade at a lower price into the Manly, IA market. Most of the action today was in the 42 – 43 cts/lb FOB range, with some volume done as high as 43.75 cts/lb FOB Illinois/Wisconsin. Trading was done in the forward market at lower than last reported prices, but in line with today’s spot market.
Edible tallow traded lower on a Chicago basis at 54 cts/lb. Max 20% ffa tallow was indicated in a range of 42-43 cts/lb delivered US Gulf, with offers heard at 44 cts/lb and above for nearby delivery.
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