Underlying standards key to hempseed segment development
Hempseed remains forbidden to feed to livestock from a regulator’s perspective. While other oilseeds and grains were being accepted as...
Blog
Soybean oil cash basis maintains upward trajectory
In the last few weeks, cash basis levels on US interior crude-degummed and refined, bleached and deodorized soybean oil have moved higher. In the process, the refining margin narrowed to 6.5 cents on Monday July 8 after mostly ranging between 8 cents and 10 cents since the fourth quarter of 2023.
The advance in basis and outright prices follows improved margins and reports that Phillips 66’s massive Rodeo renewable fuel refinery in California has reached full capacity at 50,000 barrels per day. In addition,...
