06.25.2025
Sausage casings bulletin, June 20, 2025 [corrected]
![Sausage casings bulletin, June 20, 2025 [corrected]](https://thejacobsen.com/wp-content/uploads/2020/03/Screen-Shot-2020-03-09-at-9.56.35-AM-280x140.png)
Runner market commentary
Exchange rate: EUR/USD — $1.153
Resale European hog runner:
US renewable energy company Global Clean Energy Holdings (GCEH) announced on Wednesday August 21 that its renewable diesel (RD) facility in Bakersfield, California, has commenced start-up operations. It has been a long and arduous path, with additional obstacles remaining.
GCEH purchased the facility in May 2020. Nameplate capacity was 230 million gallons of RD production annually. But, due to a hydrogen constraint, production was expected to be limited to 9,000 barrels per day, or 138 million gallons per year. GCEH’s projected start-up date was initially expected in 2021.
ExxonMobil and GCEH entered into an offtake agreement in April 2019, which was conditioned upon GCEH beginning operations by August 2021. The offtake was revised in 2021 as GCEH worked on converting the Bakersfield refinery to RD production.
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06.24.2025
Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice
North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...