04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Organic soybean meal prices in India remain subdued, hovering near the $605 level FOB India. The Jacobsen has heard prices as low as $590, and as high as $620. Soybean prices in India have been weighed down by robust soybean imports into India following free trade agreements from African countries that eliminated the 30% oilseed import duty during the February through April period.
Planting of soybean in India has climbed for the 2020/2021 season which was likely a function of the increase in the minimal selling price which was increased to $490-500 US per metric ton (conventional which are non-GMO). With rains helping to buoy yields, it appears destine that the Indian government will be purchasing substantial volumes of beans.
Vital Farms launched an initial public offering on Friday, and…