US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

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US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

Alexandra Watts | 07.26.2024

On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in 2022.

As a result, selling pressure in the soybean oil market was intense, lowering prices by over 200 basis points to 43.66 cents per lb by the end of the day.

The Court of Appeals’ opinion on the case remains temporarily sealed, but the judgement is being viewed as a successful challenge for...

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Animal fats and oils trade freezes following soybean oil market drop on SRE report

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market...

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Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both...

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Sausage casings bulletin, July 26, 2024

Sausage casings bulletin, July 26, 2024

Runner market commentary
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Corn, soybean, wheat futures plunge ahead of weekend

Corn, soybean, wheat futures plunge ahead of weekend

Chicago Mercantile Exchange grain prices mostly fell on Friday July 26. The August CME soymeal futures contract showed the...

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US hide trading slow on weak consumer demand

US hide trading slow on weak consumer demand

Trading in the US hide market was slow during the week ending Friday July 26, driven by weak consumer...

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DGD’s Port Arthur SAF plant on schedule for 4Q 2024 start up: CEO

DGD’s Port Arthur SAF plant on schedule for 4Q 2024 start up: CEO

US renewable diesel major Diamond Green Diesel (DGD)'s new sustainable aviation fuel (SAF) plant in Port Arthur, Texas, is...

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Regenerative agriculture labels convey what organic certification doesn’t

Regenerative agriculture labels convey what organic certification doesn’t

Regenerative agriculture labels have continued to grow, particularly in areas historically associated with organic production and consumption, like California. ...

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DGD financial outlook improves despite lower Q2 margins

DGD financial outlook improves despite lower Q2 margins

US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported...

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Blog

07.26.2024

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...

READ MORE

07.26.2024

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...

READ MORE

07.26.2024

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...

READ MORE

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