Global shipping crisis deepens

Global shipping crisis deepens

Organic Bulletin readers have inquired about the impacts of the collapse of Baltimore’s Frances Scott Key bridge on organic imports.  The tragic loss of life early on Tuesday morning after the container vessel Dali struck the bridge is thought to have been caused by a systems failure on the vessel.  Officials have been reticent to assign cause to the incident.

There were two Baltimore Harbor Pilots on board at the time.  Ports require a ships master to defer to local harbor pilots on local navigation issues.  Pilots are transported in all weather conditions to outlying anchorages or transferred to transiting vessels while underway.

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04.19.2024

Reduced March RIN production not leading to higher RIN Prices

Reduced March RIN production not leading to higher RIN Prices

Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...

04.19.2024

CWG, YG higher on week, UCO, DCO down again

CWG, YG higher on week, UCO, DCO down again

The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.

04.19.2024

Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a...

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