Veg Oil Use in Biofuels Production Continues at Record-Setting Pace

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Veg Oil Use in Biofuels Production Continues at Record-Setting Pace

Alexandra Watts | 07.31.2023

Global vegetable oil prices were down sharply on Monday, as fresh selling and the liquidation of long positions weighed on palm and soybean oil futures. Participants unwound length due, in part, to easing worries over the Black Sea grain corridor and revised weather forecasts that showed expectations for cooler temperatures and increased chances for rain across the Midwest Corn Belt through August 9. Any precipitation will help alleviate concerns about further heat stress to maturing crops.

Peak pod development takes place in August,...

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European Organic Grain Producers Endure a Hot, Dry Summer

European Organic Grain Producers Endure a Hot, Dry Summer

European organic grain production is expected to fall in 2023, as widespread...

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Montana Hemp Summit

Montana Hemp Summit

Industrial hemp operators from around the U.S. converged on Great Falls, Montana last...

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Vertex Achieves 8,000 bpd Q2 Renewable Diesel Production Capacity

Vertex Achieves 8,000 bpd Q2 Renewable Diesel Production Capacity

Vertex’s Renewable Diesel Unit Reaches Lower-End of Phase 1 Startup Projections

Vertex announced their renewable diesel unit (RDU)...

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DCO, Animal Fats and UCO Prices Continue to Trend Higher

DCO, Animal Fats and UCO Prices Continue to Trend Higher

In terms of verified volume, the market was fairly quiet today. Distiller’s corn oil (DCO) traded steady late yesterday...

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NJ Joins New Hog Legislation; Minimal WoW Changes for Animal Proteins

NJ Joins New Hog Legislation; Minimal WoW Changes for Animal Proteins

Hog Legislation Update

According to updated news sources, New Jersey Governor Phil Murphy signed...

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Sausage Casings Bulletin July 28th, 2023

Sausage Casings Bulletin July 28th, 2023

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Expectations for Favorable Weather Heading into August

Expectations for Favorable Weather Heading into August

Grain and feed items were mixed this week in response to the forecasted...

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Automotive & Furniture Tanners Active in US Hide Market

Automotive & Furniture Tanners Active in US Hide Market

The US hide market wrapped the week trading steady or $0.50 higher than last week on steer hides and...

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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

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03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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