**Please Note** The Jacobsen will not publish The Biodiesel Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**
Biodiesel margins have been in the red for a good part of the year. However, after grinding firmly negative in late April through mid-June, market fundamentals began to improve. During October, margins took a strong leg forward and hit highs not seen in several years.
The EPA Moderated Transaction System (EMTS) appears to be reflecting the change as biodiesel consumption increased for the first time in three months during October and renewable diesel output reached an all-time monthly high.
Margins for soybean oil-based biodiesel hit a near-term high on November 10, before pulling back. The outlook for November…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...