Fastmarkets invited feedback from the industry on the pricing methodology for several vegoils and meals prices via an open consultation process between October 3 and October 31, 2024. This consultation was done as part of our published annual methodology review process.

Fastmarkets and the Intercontinental Exchange (ICE) introduced the used cooking oil (UCO) Gulf (Fastmarkets) futures contract on November 01, 2024. This contract is linked to Fastmarkets' used cooking oil price assessment and addresses growing demand and complexity in the biofuel feedstock market. It offers market participants a valuable tool for risk management

As the US heads to the polls to vote for its next presidential candidate in what many have characterized as one of the closest races in electoral history, the energy sector hangs in the balance.

Fastmarkets launches AG-TLW-0036 tallow, max 15% ffa, fob Santos, $/tonne; AG-TLW-0037 bleachable fancy tallow, max 5% ffa, cif Sao Paulo, Real/kg; and AG-TLW-0038 bleachable fancy tallow, max 3.5% ffa, cif Sao Paulo, Real/kg on Thursday October 31.

Canada's grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission

Neste has canceled its 120 MW electrolyzer project at the Porvoo refinery due to economic and regulatory challenges, reflecting a broader trend of energy companies scaling back renewable fuel investments.

The European Commission has committed €4.8 billion from emissions trading revenues to support 85 innovative net zero projects through its Innovation Fund, raising its total investment to €12 billion.

What we’ve learned from our webinar

The USDA's latest crop progress report indicates strong advancement in the harvest of major crops, with corn and soybeans making significant strides.

The managing director of CANAMI highlighted Mexico's growing dependence on corn imports due to reduced self-sufficiency, exacerbated by drought impacts on production.