UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective...
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October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set in March. The October crush was 12.8% above the September crush of 177.32 million bushels and 5.4% above the October 2023 crush of 189.774 million bushels.
The crush was 1.6% above the average analyst estimate of 196.843 million bushels, based on a Reuters survey of analysts. Estimates ranged from 189.5 million...
