California’s proposal to cap SBO, canola oil at 20% of feedstock mix likely to impact RD, biodiesel: sources

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California’s proposal to cap SBO, canola oil at 20% of feedstock mix likely to impact RD, biodiesel: sources

The amendments proposed by the California Air Resources Board (CARB) are a net positive for biofuel demand but negative for soybean oil (SBO) and canola oil as feedstocks, sources told Fastmarkets. Within California’s LCFS framework, renewable diesel (RD) production consumes more soybean oil than biodiesel production does.

The CARB provided notice on August 12 that additional modifications (titled 15-Day Changes) were appropriate for the proposed amendments to the Low Carbon Fuel Standard (LCFS). The modifications include limiting, on a company-wide basis, the credits...

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Organic feed ingredients hold value on uncertain supply

Organic feed ingredients hold value on uncertain supply

Smaller lots and out-of-spec organic corn were trading well below such prices, but this was to be expected with...

Heartwell Renewables looks forward to 2025 start-up of RD plant

Heartwell Renewables looks forward to 2025 start-up of RD plant

Heartwell Renewables, a joint venture between affiliates of the Love’s Family of Companies and Cargill, is building a renewable...

US animal fats and oil prices stable day on day; cattle slaughter forecast higher

US animal fats and oil prices stable day on day; cattle slaughter forecast higher

The US animal fats and oils markets started the week quiet on Monday August 26, with limited trading reported...

Central Illinois soybean, soymeal prices continue to drop

Central Illinois soybean, soymeal prices continue to drop

The crush margin in Central Illinois rose by 7.9% week on week but was down by 34.1% year on...

Weekly cattle slaughter forecast up week on week, down 2.5% year on year

Weekly cattle slaughter forecast up week on week, down 2.5% year on year

The US hide market remained relatively quiet on Monday August 26. Market sources reported minimal activity and noted that...

BOHO spread rallies on Friday after posting 6-month low a week earlier

BOHO spread rallies on Friday after posting 6-month low a week earlier

The bean oil/heating oil spread (BOHO) in the US climbed by 23% in the week to Friday August 23...

BOHO spread rebounds 23% week-on-week after posting 6-month low

BOHO spread rebounds 23% week-on-week after posting 6-month low

The bean oil/heating oil (BOHO) spread rallied 23% this week compared to the week prior. A rising BOHO signals...

US animal fats and oils end the week stable to lower amid muted trade activity

US animal fats and oils end the week stable to lower amid muted trade activity

Trading in the US animal fats and oils market was subdued to close out the week on Friday August...

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11.26.2024

Biomass-based diesel market quiet ahead of US holiday

Biomass-based diesel market quiet ahead of US holiday

Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.

Biofuel markets in general have slowed ahead of the implementation of the Clean...

11.26.2024

BFT prices climb as some DCO markets trend lower

BFT prices climb as some DCO markets trend lower

Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.

11.26.2024

Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023

Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023

Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.

Fastmarkets assessed the price of poultry by-product...

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