August Biofuel Production Sees Record Tallow Consumption

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August Biofuel Production Sees Record Tallow Consumption

EIA Biofuels Capacity and Feedstock Update

The Energy Information Administration’s (EIA) August Monthly Biofuels Capacity and Feedstocks Update showed operable US Biofuel capacity at 23.503 billion gallons, 10 million gallons above July and 2.133 billion gallons above August 2022. U.S. biofuel capacity is at an all-time high. The Petroleum Supply Monthly report, also released today, disclosed refinery a...

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Tallow Used to Produce Biofuels Reached New High in August

Tallow Used to Produce Biofuels Reached New High in August

*Please Note - Ryan Standard was out of the office today. In his absence, please contact Amanda Luhavalja at...

Animal Proteins Mixed for Month-on-Month Averages

Animal Proteins Mixed for Month-on-Month Averages

Values for Tuesday were highly unsettled. The persistent ebb and flow in soybean meal prices combined with the start...

U.S. Soybean Harvest Approaches Completion, Corn at 71 Percent

U.S. Soybean Harvest Approaches Completion, Corn at 71 Percent

Most CME grain prices witnessed an upward trend on Tuesday. The only grain that experienced a decrease...

Butt Branded Steers Drop $1 From Last Traded Levels

Butt Branded Steers Drop $1 From Last Traded Levels

Hide sellers communicated little trading activity since last week, except for regular weight butt branded steers, which traded $1...

Crude Corn Oil Prices Climb on Active Buying

Crude Corn Oil Prices Climb on Active Buying

During the last full week of October, indications for spot crude corn oil in the Midwest shot higher on...

Uncertainty Persists in Organic Feed Markets

Uncertainty Persists in Organic Feed Markets

Organic soybean markets have been disjointed in the wake of several novel...

Nebraska Targets Delta-8 THC Retailers

Nebraska Targets Delta-8 THC Retailers

States continue to take drastic action on hemp derived cannabinoids.  Nebraska’s attorney...

Phillips 66 Confident Renewable Diesel Project Will Ramp-up Q1 2024

Phillips 66 Confident Renewable Diesel Project Will Ramp-up Q1 2024

Several questions surround Phillips 66 first quarter 2024 start-up of the RD refinery at Rodeo. The most pressing matter...

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07.19.2024

EU imposes provisional anti-dumping duties on Chinese biodiesel

EU imposes provisional anti-dumping duties on Chinese biodiesel

The European Biodiesel Board (EBB) announced on Friday July 19 that the EU has decided to impose “provisional anti-dumping duties in its trade case against Chinese biodiesel entering the...

07.19.2024

Lard market jumps ahead of weekend

Lard market jumps ahead of weekend

Lard traded higher on Friday July 19 on a Chicago basis, up to 55 cents per lb, and choice white grease traded on a Chicago basis as well, steady...

07.19.2024

IA/MO/NE porcine bloodmeal prices up; other animal protein products down

IA/MO/NE porcine bloodmeal prices up; other animal protein products down

US animal protein prices were mixed to lower in the week to Friday July 19.  Market sources continued to not price pressure from lower soybean meal values and diminished...

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