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 corn prices have ticked higher, with bids across the country at or above $10 per bushel. The least expensive area of the United States was the Wisconsin region, but now even their prices are bid at $10. We have slightly altered our organic corn forecast due to several factors impacting organic cracked corn future deliveries. You can read about this in our
The divergence in prices between the coast and the mid-West remains wide, and it will likely become even more expansive. Organic corn on the East Coast is trading near the $450-$460 per short-ton level, about $2.60-$2.70 per bushel higher than in the mid-West. Organic corn prices on the West Coast are even higher, trading near $480 per short ton. The difference in prices reflects transportation costs which are likely to climb even higher come new crop. One of the…