September corn use for ethanol up 11% YOY
Weekly ethanol production has shown year-on-year growth since mid-June when output began to track 2019 volumes. At the start of October, average daily production [...]
Record use of soybean oil for biofuel in May
EIA reported that biodiesel and renewable diesel producers used 1.14 billion pounds of soybean oil in May, the first time that monthly biofuel consumption [...]
EPA policy may reduce soybean oil demand
Soybeans are an important and widespread oilseed crop in the U.S., due, in part, to soybean byproducts. Soybean meal serves as feedstock for livestock [...]
Corn used for ethanol held steady in November
U.S. ethanol producers used 447.4 million bushels of corn during November, down less than a percent from October and down 4 percent from November [...]
Diversification of feedstock increases as demand for biodiesel rises
As the conversation of sustainability goes global, the use of renewable and sustainable materials for household necessities and daily operations has graduated from being [...]
Soybean exports strong, Ukraine export deal limits price upside
Futures activity Jan-23 soybeans closed last Friday at $14.28 per bushel, down 12 cents from last Monday. Dec-22 soybean oil ended the week down [...]
Soy complex contends with divergent market scenarios
Futures activity The meal piece of the soy complex showed the greatest strength last week, with Jul-22 meal futures closing the week up $23 [...]
Soybean oil edible use up 9.5% in November
Over 1.17 billion pounds of soybean oil were removed from stocks (a proxy for monthly utilization) in November for use in edible applications. Soybean [...]