Vegetable Fats & Oils

Vegetable Fats & Oils

 

Soybean Crush Central Illinois

The estimated crush margin declined 10% or 37 cents per bushel as the value received from a bushel of soybeans crushed fell, while the cost of soybeans moved higher. The value received for soybean oil actually increased, rallying nearly 6% to 34.13 cents per pound. However, given soybean oils smaller pro rata share of the crush, its move was over shadowed by the 3% drop in soybean meal prices. Soybean meal values…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

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...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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