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Blog

The Rise of Renewable Jet Fuel Blending

Alexandra Watts | 09.25.2023

Renewable jet fuel consumption in the United States stands at 16.3 million gallons as of August 31, 2023. Renewable jet fuel consumption is currently three percent above full-yar 2022 renewable jet fuel blending of 15.8 million gallons. The Jacobsen expects total 2023 renewable jet fuel consumption to expand to between 24 million to 28.5 million gallons by year-end.

The Sustainable Aviation Fuel (SAF) Grand Challenge was announced in 2021 to expand domestic consumption of renewable jet fuel. The goal of the “Challenge”...

Hog Slaughter Projected Higher into October

Trading was very quiet today with no changes reported. Sellers indicated that buyers were hard to find with soybean...

Cattle Slaughter Trends Under 2022 into October

Monday trade was minimal and the trades reported were within the current range.

For the week ending September...

Soybean Crush Report: Soybean Prices Plummet to 20-Month Low

DDGS remained unchanged today with sources reporting limited trading activity. However, market participants noted that plant outages are likely...

Limited Hide Demand From Automotive Tanners Due to Ongoing Strike

The US hide market began the week with a quiet tone due to limited business over the weekend. Buyers...

Organic Soybeans Show Signs of Underlying Price Stability

The chart of organic soybeans (Midwest) shows that...

Weekly Hemp Recap

Last Week’s Hemp Commentary

Automakers Seek...

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EPA Receives One New SRE Petition under RFS

*Please Note – Bob Lane was out of the office today and will return on Monday, September 25, 2023. Please...

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Gulf Prices Slide on SBO Weakness, Demand Loss in Interior

There was a good amount of trading this afternoon at mostly lower levels. The lower prices were mostly from...

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09.20.2024

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

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09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

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09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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