US weekly ethanol production, stocks slide week on week

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US weekly ethanol production, stocks slide week on week

Chicago Mercantile Exchange (CME) grain prices fell on Wednesday May 8. The July CME soybean futures contract decreased by 18.75 cents per bushel to settle at $12.27 per bu, and July soymeal dropped by $4.70 per short ton to $378.50 per ton.

Meanwhile, the July CME corn futures contract decreased by 8.5 cents per bu to $4.58 per bu, and July wheat fell by 8.75 cents per bu to close at $6.34 per bu.

Corn and...

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Cow hide prices drop; poor hide demand for leather furniture sector

Cow hide prices drop; poor hide demand for leather furniture sector

Cow hide trading was active on Wednesday May 8; branded cow hides traded sideways from the last traded levels,...

Renewable diesel shipments in US dip in February

Renewable diesel shipments in US dip in February

Renewable diesel (RD) in the US has been increasingly transported by rail, with the bulk of monthly shipments going...

Organic corn planting underway, progress good despite extreme weather

Organic corn planting underway, progress good despite extreme weather

The 2024 cropping season is well underway in many parts of the country. 86% of the North Carolina...

Benefits of potential cannabis rescheduling yet unclear

Benefits of potential cannabis rescheduling yet unclear

There are significant implications to the to the potential rescheduling of cannabis by the U.S. Drug Enforcement Administration (DEA)....

Singapore Airlines Group orders SAF from Neste ahead of mandate

Singapore Airlines Group orders SAF from Neste ahead of mandate

The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore...

Animal fats prices to US Gulf jump on growing demand

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

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

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...

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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