The market was mostly quiet today with market participants again opting to take a wait-and-see approach ahead of the EPA’s RVO deadline on Wednesday. Choice white grease did trade higher today, in a range of 52.5 – 54 FOB Mo. River. Strong soybean oil prices last week, higher corn oil values and tighter nearby supplies have all contributed to the upswing.
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10.30.2024
P66’s renewable segment reports Q3 earnings loss of $116 million
On Tuesday October 29, Phillips 66 (P66) reported a third-quarter pre-tax loss of $116 million for its renewable fuels segment. The loss compares unfavorably to the $22 million profit...
10.30.2024
US technical tallow, CWG prices decline; DCO production reaches two-month high
Fifteen railcars of technical-grade tallow traded lower on Wednesday October 30 at 48 cents per lb on a Chicago basis. Additional deals were discussed throughout the day at even...
10.30.2024
Avian flu hits 142 dairy cattle herds in California in last 30 days
US animal protein prices were steady to lower on Wednesday October 30, with ruminant and porcine products rangebound for the day.
Fastmarkets assessed poultry by-product meal pet food,...