Trading was lower out of the Australian market this week. A lack of demand from Singapore continues to weigh on the market. New Zealand values were flat, but there is some upward pressure tied to the NZ$ sinking versus the US$.
The US export market continues to remain uneventful, particularly with the absence of Singapore in the market. Local trading has been fairly uneventful as well. The holiday season seems to be keeping things quiet in the…
05.08.2024
May STEO forecast, 2024 RVOs
The Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) showed a decrease in 2024 fuel consumption estimates. This lowered renewable fuel blending estimates for the year, leading to...
05.08.2024
DCO production falls, Gulf UCO trades higher
Used cooking oil (UCO) traded at 41.5 cents per lb delivered US Gulf on Wednesday May 8, up 1.5 cents per lb from the last reported level. UCO was...
05.08.2024
Porcine meat and bonemeal lower on diminished interest
The majority of US animal protein prices were steady on Wednesday May 8. Most values reported were within the previously set ranges, with exception to porcine ruminant bloodmeal on...