**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…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...