Renewable Diesel Expansion Eyes West Coast

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Renewable Diesel Expansion Eyes West Coast

Big bets are being played out across the oil sector with a focus on the West Coast.  Renewable diesel margins and the dollar per gallon federal blenders tax credit has oil companies looking to reposition underperforming assets into renewable diesel as California aims to phase out conventional diesel on its roadways by 2030.

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2020 Hemp Production: Oregon ahead of neighboring California

2020 Hemp Production: Oregon ahead of neighboring California

Oregon has pulled out ahead of neighboring California with premium hemp flower markets.  Cannabis producers in both states have...

Heavy Native Dairy Cow & US Furniture Sales

Heavy Native Dairy Cow & US Furniture Sales

The market today continues to move higher, with Heavy Native Steers, Butt Branded Steers and Heavy Native Dairy...

Vegetable Oil Prices Rally but Settle Well Below Highs

Vegetable Oil Prices Rally but Settle Well Below Highs

Vegetable oil prices rallied on Tuesday, but a volatile session left soybean oil futures narrowly mixed. Palm oil futures...

Animal Fat Prices Move Higher Ahead of Holiday Break

Animal Fat Prices Move Higher Ahead of Holiday Break

The overall tone of the market was firmer today with higher prices reported in the poultry fat, yellow grease...

California CBD Policy Shelved…Again

California CBD Policy Shelved…Again

News that California’s CBD legislation did not move forward is unfortunate for the segment.  California would have joined...

2020 Biomass-Based Diesel Imports 14% Above 2019 Pace

2020 Biomass-Based Diesel Imports 14% Above 2019 Pace

According to the Energy Information Agency (EIA), the United States imported 44.56 million gallons of biomass-based diesel (D4) during...

Hurricane Laura and Iowa Drought Lower Corn & Bean Ratings

Hurricane Laura and Iowa Drought Lower Corn & Bean Ratings

The percentage of the corn crop that has reached the dough stage is 94 percent, while 63 percent is...

Week 34 Outstanding Hide Export Sales & Shipments

Week 34 Outstanding Hide Export Sales & Shipments

Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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