Exports of palm oil products have slowed and are currently 3% lower than the pace seen through the first 15 days of March. The crude palm oil (CPO) export tariff was reinstated for April after being scrapped from December through March. When prices fall below 2,250 ringgits per ton the tariff can be waived. Pricing had climbed back above that mark and Malaysia boosted the tax to 4.5% for April. However,…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...