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The EPA approved renewable fuel pathways for sorghum-derived oil, including biodiesel, heating oil, jet fuel and LPG. The feedstock is estimated to yield about 21 million gallons.
A new qualifying feedstock adds a modest outlet for sorghum oil, a byproduct of grain sorghum ethanol. The volume is small, so the price effect on sorghum is limited.
feedandgrain.comDec 1, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
