Basis indications for US interior and Gulf crude-degummed soybean oil were unchanged day on day but firmer week on week during the Monday, February 24 session. The basis on nearby Gulf crude-degummed soybean oil was assessed at a premium of 200-400 basis points per lb to March soybean oil futures on the Chicago Mercantile Exchange, […]

US Census Bureau data released on Wednesday, February 5 shows calendar year 2024 imports were 18% below import totals in the same period of 2023, while calendar year 2024 exports were 31% below comparative 2023 exports. Biodiesel imports experienced quarter-on-quarter declines in each quarter during 2024. Imports were expected to fall as the market began […]

US processors crush a new all-time record high of 218 million bushels of soybeans

Soybean oil futures slightly declined amid market uncertainty driven by confusion over US biofuels policy, executive orders, and legal challenges.

Global used cooking oil (UCO) prices were highly volatile throughout 2024 amid market uncertainty, trade flow and policy changes, with market sources expecting the prices to increase further in 2025, pushed up by higher demand and increased biofuel production obligations.

In December, increased demand from various industries led to a 5-10% rise in EU animal fats prices, supported by high seasonal rendering activity and regulatory factors affecting vegetable oil supply.

Africa's increasing air travel demand and biofuel production potential, alongside the Middle East's strategic SAF investments, position both regions as key players in advancing global aviation decarbonization efforts.

The US feedstock and biodiesel industries face significant uncertainty due to potential policy changes, including pending import tariffs, the transition from the Blenders Tax Credit to the 45Z Clean Fuel Production Tax Credit, and delayed federal guidance.

What if the success of your biofuel operations hinged on a single variable—tallow prices?

Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central time on Tuesday December 31 due to the early closure of the Chicago Mercantile Exchange (CME) ahead of the New Year holiday.