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September corn use for ethanol up 11% YOY

By |October 19, 2023|Categories: Biodiesel, Biofuels, Corn & Soy Complex|Tags: , , , |

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

By |August 22, 2023|Categories: Biodiesel, Biofuels, Corn & Soy Complex|Tags: , , , , , , |

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

By |March 10, 2023|Categories: Biodiesel, Corn & Soy Complex, Edible Oils|Tags: , , , , , , , |

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

By |January 5, 2023|Categories: Biodiesel, Corn & Soy Complex, Energy, Ethanol|Tags: , , , , |

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

By |December 7, 2022|Categories: Biodiesel, Biofuels, Corn & Soy Complex, Edible Oils|Tags: , , , , , , , |

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

By |November 21, 2022|Categories: Biodiesel, Corn & Soy Complex|Tags: , , , , , |

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

By |June 20, 2022|Categories: Biodiesel, Corn & Soy Complex, Edible Oils|Tags: , , , , , , |

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

By |January 5, 2022|Categories: Biodiesel, Corn & Soy Complex, Edible Oils|Tags: , , , |

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 [...]