News that Chinese investors are pumping billions of dollars of investment into the production of sustainable aviation fuel (SAF) could re-write the dynamics around exports of used cooking oil (UCO), trade sources told Fastmarkets on Friday May 17

Dutch fuel supplier SkyNRG has released its latest sustainable aviation fuel (SAF) market outlook, forecasting substantial growth in SAF capacity and demand through 2050.

Updated forecast by trade association Cocereal pegs 2024 wheat crop slightly higher than previous projections

Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.

Fastmarkets wishes to clarify the specifications for its European animal fats price assessments.

A report by the USDA forecasts an increase in US ending stocks for 2024/25 to 769 million bushels, alongside a slight decrease in global stockpile estimates.

Rates fell on major routes like Brazil-Northeast Asia and US Gulf-Northeast Asia, driven by excess tonnage in the Atlantic basin and the impact of decreasing oil prices

SAF is expected to provide about 65% of the carbon mitigation required for airlines to achieve net zero by 2050

The Ukrainian Grain Association estimated the 2024/25 crop of oilseeds and grains in Ukraine at 74.6 million tonnes, down by 2% from the initial forecast of 76.1 million tonnes in March.

Learn more about how SAF can generate more demand for agricultural products and economic benefits for farmers in the short-term