Ruminant MBM traded at $235 – 275 FOB Mo. River this afternoon and $230 – 275 FOB Panhandle. Sources reported good volume throughout the range including $240, $245 and $260. Trading into the Eastern market was up, $325 and AL/GA action topped out at that price as well. Sources continue to report strong demand from the blend sector to fill orders into SEA.At an average of $252.50, MBM is now at 86% of the price of nearby SBM.
Figure 1.
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Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
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Sausage casings bulletin, January 10, 2025
Runner market commentary
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