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Blog

Singapore Airlines Group orders SAF from Neste ahead of mandate

Alexandra Watts | 05.07.2024

The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.

SIA ordered 1,000 tonnes (330,000 gallons) of Neste SAF to be delivered to Changi Airport in two batches during the second and fourth quarters this year, to be used by SIA and its budget air...

Animal fats prices to US Gulf jump on growing demand

Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5...

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback...

US spring wheat planting pace above average, 2023 levels

Chicago Mercantile Exchange (CME) grain prices fell on Tuesday May 7. The July CME soybean futures contract decreased by...

Hide trading remains slow for second consecutive day

Market participants expected more trading to come following the release of offer lists on Tuesday evening.

Cured and...

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Cash soybean oil basis steady, prices climb with gains in futures

US interior vegetable oil markets were fairly quiet on Tuesday May 7. Prices were firm to higher following another...

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Brazil weather pressures global soybean stocks

Conventional soybean markets surged on news of weather concerns in key soybean producing regions in Brazil. Fastmarkets reported...

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Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining...

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Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for...

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09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

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09.06.2024

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

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09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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