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Author: Alexandra Watts

Rising Soybean Oil Cost Weighs on Biodiesel Margins

Alexandra Watts | 06.12.2023

RBD Soybean Oil Premium to Crude Degummed Approaches 12-Cents
Surging soybean oil costs along with softer biodiesel pricing combined to bring biodiesel margins to a 15-week low for crude degummed and yearly low for RBD. Biodiesel producers reported softer pricing for the fifth time in seven weeks as B100 prices dipped from $5.26 to $5.21 per gallon, but the main driver in last week’s margin collapse was a 7.3 percent rise in the cost for soybean oil.
Both ...

CWG Market Chases SBO Market Higher

The market was mostly quiet today with market participants again opting to take a wait-and-see approach ahead of the...

Hog Slaughter Into July Projected Slightly Above 2022

Limited trade was reported on Monday as most participants test the market following the USDA WASDE release on Friday.

Weekly Soybean Crush: Soybean Oil Reaches 9-Week High

Market Update

Reports suggest DDGs have experienced continued negative pressure due to sluggish demand...

Slow Hide Trading Ahead of Federal Reserve Meeting Tomorrow

The US hide market was inactive over the weekend as most sellers wrapped up their business at the end...

Sinking Crude Oil Futures Tug SBO Futures Lower

World edible oil prices were down on Monday, with profit-taking and fresh selling weighing down palm oil and soybean...

Weekly Hemp Recap

Last Week’s Hemp Commentary

Minnesota Clears the Way for...

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LCFS Credit Volume Follows Cyclical Trend Lower

Cargill halts plans to build...

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Animal Fats

Distiller’s corn oil (DCO) traded higher today on the back of another day of higher soybean oil futures prices....

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

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04.26.2024

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04.26.2024

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Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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