Marathon Explores Renewable Diesel Opportunity

Blog

Marathon Explores Renewable Diesel Opportunity

Bob Lane | 08.10.2020

The news that Marathon will indefinitely idle it's Martinez, CA and Gallup, New Mexico refineries with no plans to restart normal operations, reflects the difficult times faced by fuel producers.  The Martinez plant is under consideration by Marathon to be repositioned as a renewable diesel facility.  Should that happen, Marathon would be in the running to become one of the largest renewable diesel producers in the world.

Marathon is already working to complete construction on their Dickinson renewable diesel proj...

Read More
Hog Slaughter Forecast 4 Percent Over 2019 Levels

Hog Slaughter Forecast 4 Percent Over 2019 Levels

Twelve cars of packer BFT traded up sharply today. Tight nearby availability tied to production issues and...

READ MORE

Margin Expands as Soybean Prices Continue Lower

Margin Expands as Soybean Prices Continue Lower

The estimated crush margin improved nine percent as the cost of soybeans declined and the price of soybean oil...

READ MORE

Webinar Recording: The Impact of the Coronavirus on the World Veg Oil Market

Webinar Recording: The Impact of the Coronavirus on the World Veg Oil Market

Senior Analyst for Seed Oils, Tore Alden, breaks down the impact of the coronavirus on the World vegetable oil...

READ MORE

Hemp Standards and Grading

Hemp Standards and Grading

Product standards and specifications for hemp have yet to be sufficiently developed, and this continues to be an...

READ MORE

Oil Producers Take Notice of Renewable Diesel Margins

Oil Producers Take Notice of Renewable Diesel Margins

CVR Energy reported in May that they had started the process of evaluating the transition of at least one...

READ MORE

Late Session Rally Lifts Soybean Oil Futures

Late Session Rally Lifts Soybean Oil Futures

Vegetable oil markets were mixed on Wednesday as profit-taking weighed on palm oil futures and fund spreading drove a...

READ MORE

Selling in Soybean Complex Drives Soybean Oil Prices Lower

Selling in Soybean Complex Drives Soybean Oil Prices Lower

Vegetable oil prices were mixed on Tuesday as continued strength in world vegetable oil cash prices helped...

READ MORE

Maturing Hemp Markets

Maturing Hemp Markets

Prior to the 2018 Farm Bill, the hemp industry was entirely fragmented between a handful of states, and...

READ MORE

Articles by Topic

Blog

11.12.2024

Glycerin prices seen supported by declining biodiesel margins

Glycerin prices seen supported by declining biodiesel margins

Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....

READ MORE

11.12.2024

Animal fats and oils prices stable amid losses in vegoil markets

Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...

READ MORE

11.12.2024

Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat and bonemeal prices were steady to higher according to sources...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.