Biodiesel

Biodiesel

 

Heating Oil is Poised to Break Out after Robust Inventory Draw

Heating oil prices moved higher on Wednesday following a report from the Department of Energy that showed a sizable draw that was larger than expected in distillate stocks.  Late April is an inflection period where crude oil stocks generally start to draw and products start to build, but the opposite is still occurring. 

Production in the U.S. actually declined according to the…

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05.13.2024

US glycerin prices mostly steady amid increasing biodiesel production

US glycerin prices mostly steady amid increasing biodiesel production

Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...

05.13.2024

Weekly cattle slaughter forecast to remain below 2023 levels into June

Weekly cattle slaughter forecast to remain below 2023 levels into June

US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.

05.13.2024

Six-week hog slaughter forecast to be flat or up from 2023

Six-week hog slaughter forecast to be flat or up from 2023

US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.

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