04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
The estimated crush margin fell another 3%, dropping 6 cents per bushel as the margin narrowed for the fourth consecutive week. The entire soybean complex moved lower this week. However, the value received from oil and meal sales fell at a more rapid pace then the decreasing price paid for soybeans. The value received from oil and meal sales, per bushel of soybean crushed, fell by 34 cents, while the price paid for a…