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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 [...]

Food Price Index down to 15-month low

By |January 19, 2023|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , , , , |

Adjusted for inflation, FAO’s Food Price Index (FPI) fell nearly 2 percent in December, reaching its lowest level since September 2021 and down about [...]

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 [...]

World Food Price Index down for sixth straight month

By |October 27, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , |

Adjusted for inflation, FAO’s Food Price Index (FPI) fell 1 percent in September, the sixth straight down month. Year on year, the September FPI [...]

Higher palm oil supply drove May’s gain in edible oils stocks

By |July 7, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: , , , , , |

Demand for soybean oil remained impressive in May, with 1.75 billion pounds removed from stocks for processing, up 6 percent YOY. About 1.22 billion [...]

FAO Food Price Index down in May for second straight month

By |June 9, 2022|Categories: Dairy & Eggs, Edible Oils, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , , , |

FAO’s Food Price Index (FPI) was reported down over half a percent in May, adjusted for inflation, the second straight monthly decline. May’s FPI [...]