CVR Energy postpones SAF, additional RD capacity plans

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CVR Energy postpones SAF, additional RD capacity plans

Alexandra Watts | 02.24.2025

CVR Energy is running its one RD plant at 5,000 barrels per day, or 76 million gallons per year, for now, until the company sees final rules on the Clean Fuel Production Credit (CFPC), chief executive officer David Lamp said in an investor call.

“Without the blender tax credit, we believe RIN prices and/or low carbon fuel standard credits must increase significantly to compensate,” Lamp said in the call. “If not, a significant amount of biodiesel and renewable diesel production...

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US markets start week quiet; cattle slaughter forecast up slightly

US markets start week quiet; cattle slaughter forecast up slightly

The US animal fats and oils markets opened the week on a quiet note on Monday February 24, with...

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Central Illinois soybean meal prices edge up from recent low

Central Illinois soybean meal prices edge up from recent low

In the week to Friday February 21, the soybean crush margin in Central Illinois increased by 3% week on...

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US hide market opens the week on a quiet note

US hide market opens the week on a quiet note

The US hide market began the week with limited activity, as market participants remained on the sidelines. Sources observed...

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US crude-degummed soybean oil basis firms up on week

US crude-degummed soybean oil basis firms up on week

Basis indications for US interior and Gulf crude-degummed soybean oil were unchanged day on day but firmer week on...

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US animal fats and oils markets finish week strong; broader uncertainty persists

US animal fats and oils markets finish week strong; broader uncertainty persists

The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market...

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Sausage casings bulletin, February 21, 2025

Sausage casings bulletin, February 21, 2025

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US weekly net soybean meal exports, sales retreat again

US weekly net soybean meal exports, sales retreat again

In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline...

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US weekly export hide sales up 30%; YTD shipments down 11%

US weekly export hide sales up 30%; YTD shipments down 11%

The US hide market ended the week on a steady note, with no new trades reported. Market participants said...

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02.26.2025

US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment

US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment

The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...

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02.26.2025

Single species MBM prices rise; mixed species MBM continues to lag

Single species MBM prices rise; mixed species MBM continues to lag

Porcine meat and bone meal (MBM) prices were higher on Wednesday February 26, trading up to $280 per ton FOB Missouri River and Eastern Iowa/Illinois.

Sources reported that...

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02.26.2025

US weekly ethanol production drops; stocks hit 4-year high

US weekly ethanol production drops; stocks hit 4-year high

US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on...

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