Feedstock demand fell in September, for a third consecutive month after reaching an all-time monthly high of 3.47 billion pounds in June. Data released on Friday November 30 by the Energy Information Administration (EIA) showed that renewable diesel (RD) producers aggressively pared back their consumption of vegetable oils during the month.
Soybean oil is the predominant feedstock used in biomass-based diesel (BBD) production. September soybean oil demand of 1.08 billion pounds was down 12% from August, reaching a four-month low.
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12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...