Just when it was looking like soybean oil values might fall off a cliff, a tag team of the RFA and Trump/Icahn rumors sent prices skyrocketing higher. First it is mentioned that the RFA was approached by the White House stating that an executive order will be signed moving the obligation of RIN compliance from the refiner to the blender. Apparently, Poet, believed this to be true, as the company penned a stern statement outlying…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...