Biodiesel markets quiet; producers brace for 2025

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Biodiesel markets quiet; producers brace for 2025

Biodiesel trading has been subdued over the past week, with producers mostly filling contracts. Production economics have soured, and a lack of guidance on the Clean Fuel Production Tax Credit (CFPC) has forced biodiesel producers to forgo feedstock purchases until there is more certainty in the market, Fastmarkets has heard.

“We are not entering into 2025 contracts at this time,” a producer said. “The economics are impossible, and capital isn’t free. Interest rates are higher than net income margins for some, and many...

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Animal fats and oils stable to lower despite rising SBO prices

Animal fats and oils stable to lower despite rising SBO prices

The US animal fats and oils markets closed mostly lower on Wednesday November 6, diverging from the upward trends...

US animal protein prices hold steady amid light trading

US animal protein prices hold steady amid light trading

Prices were steady in the US animal protein market on Wednesday November 6, with market participants reporting light trading...

US weekly ethanol production hits 3-month high; stocks rebound

US weekly ethanol production hits 3-month high; stocks rebound

Weekly average ethanol production in the US was 1.105 million barrels per day in the week to Friday November...

Chinese tanners concerned about President Trump’s tariff plan; hide prices struggle to gain upward momentum

Chinese tanners concerned about President Trump’s tariff plan; hide prices struggle to gain upward momentum

The US hide market was quiet on Wednesday November 6 following the US re-election of President Donald Trump. Many...

Chicago soybean oil futures rally in volatile post-election trade

Chicago soybean oil futures rally in volatile post-election trade

In all US spot vegetable oil markets, trading was incredibly quiet on Wednesday November 6 following the US presidential...

No major price movement as demand firms for organic feed ingredients

No major price movement as demand firms for organic feed ingredients

Organic corn and soybean markets are fragmented and separated by a considerable distance. Issues related to supply and demand are...

Bp’s Pan American Energy considers production in Argentina’s nascent SAF industry

Bp’s Pan American Energy considers production in Argentina’s nascent SAF industry

Pan American Energy (PAE), a joint venture between British Petroleum and Argentina-based Bridas Corporation, is considering sustainable aviation fuel...

US animal fats and oils markets mostly quiet ahead of election results

US animal fats and oils markets mostly quiet ahead of election results

The US animal fats and oils markets were relatively quiet on Tuesday November 5, as participants awaited the outcome...

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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