Biomass-based diesel suppliers face a challenging market environment for facilities that have been using soybean oil as their sole or major feedstock choice, sources said. Fluctuations in feedstock costs have caused margins to compress since the third quarter of 2023.
Incremental operations that either use soybean oil as their main feedstock, do not have pre-treatment capabilities of their own, and/or do not have feedstock flexibility, are finding themselves in a difficult economic situation, according to market participants.
Several soybean oil based, non-vertically integrated biodiesel facilities have either idled or are currently idling because the economics are not in place to continue. Chevron closed two facilities this year, and the company is known for its feedstock flexibility.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...