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ASA chief economist Scott Gerlt reports that US biomass-based diesel capacity grew from 3.3 billion gallons at the start of 2021 to 5.9 billion gallons at the end of 2023. Used cooking oil imports have exceeded EPA's projections and displaced domestic feedstocks.
California consumes almost all domestic renewable diesel, and its Low Carbon Fuel Standard favors waste-based UCO.
Imported UCO displacing domestic oils reduces demand for US soybean oil as a feedstock, which pressures soybean oil prices and weakens the case for soybean crush expansion.
soygrowers.com4 Apr 2024Setelah 152 peristiwa perdagangan bearish sebelumnya, Minyak Kedelai bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,1% sampai +2,1%), dan -0,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
