
Chevron Renewable Energy Group's president described growth in the renewable fuels sector at the Iowa Soybean Association board meeting. The company is expanding its Geismar, Louisiana biorefinery to lift renewable diesel capacity to 340 million gallons a year in 2024.
Chevron is also seeking new oilseed feedstocks, including winter canola grown as a second crop in the southern Plains.
Expanding renewable diesel output supports demand for soybean oil, while new oilseed feedstocks such as winter canola could add supply. The net effect on oilseed prices is modest for now.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.