Stronger Biofuel Demand for Soybean Oil Boosts Crop Year 2022/23 Forecast
The USDA operates on a crop year basis while most biofuel market watchers tend to look at things through a calendar year outlook. The World Agriculture Supply and Demand Estimates (WASDE) were released today and showed an expected increase in biofuel demand for soybean oil for the 2022/23 crop year. The crop year for soybean oil operates from October 1, 2022, through September 30, 2023.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...