Demand for canola oil as a feedstock in the US has steadily increased in recent years. This is evidenced by feedstock demand data provided by the California Air Resources Board (CARB) and the Energy Information Administration (EIA).
CARB data shows canola oil taking a larger proportion of the biodiesel feedstock mix. Canola oil accounted for 8% of the feedstock used to produce biodiesel in the California market in 2022. The amount increased to 21% in 2023 and to 32% in the first quarter of 2024.
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...