Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday...
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing by 10%, while export volumes fell for the fourth consecutive month.
The US imported 23 million gallons of biodiesel during November 2024. This was 9% above the 21 million gallons imported in October 2024 but 51% below November 2023 imports of 47 million gallons.
Import volumes have bee...