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Blog

Strong Domestic Biofuel Production Elevates Soybean Oil Demand

Alexandra Watts | 11.17.2023

Domestic biodiesel and renewable diesel production has been extremely strong throughout 2023. Through October, the two fuels combined to produce 3.34 billion gallons of fuel, generating over 5.35 billion RINs within the Renewable Fuel Standard (RFS) program.

Domestic renewable diesel and biodiesel production over the first 10 months of the year exceeds full year 2022. RIN production, through October, is 9.5 percent above calendar year 2022 and has produced more than 27 percent the RFS RINs this year. Domestic RD and biodiesel...

Quiet Tone for Friday Leaves Values Flat

**Please Note – Ryan Standard will be out of the office from Friday, Nov 17 through Friday Dec 1....

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Thanksgiving Holiday and Increased Offerings Pressure Animal Proteins

Values were generally flat at the end of the week. Confirmations on higher ruminant bloodmeal pushed the values up...

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Sausage Casings Bulletin Nov 17th, 2023

**Please note - there will be no Sausage Casings bulletin next week due to the Thanksgiving holiday. We will...

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Weather and Fluctuating Exports Create Weekly CME Unease

The CME market for grain and feed witnessed notable gains and losses throughout the week. The USDA's recent reports,...

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Jacobsen Hide Index Closes at $23.74

Today, regular-weight heavy native steers traded $0.50 higher than yesterday but were steady with price levels from the start...

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Strong Domestic Biofuel Production Buoy’s Soybean Oil Demand

October Renewable Fuels Standard (RFS) RIN generation was eight percent above September, reversing last month’s five percent decline and...

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Uptick in Trading Activity as Organic Corn Prices Slide

Midwest organic corn prices have decreased, with merchandisers reporting bids near $8...

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Renewable Fuel Production Rises in October

October Renewable Fuels Standard (RFS) RIN generation was eight percent over September, reversing last month’s five percent decline and...

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09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

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09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

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09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

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