Ad Astra Radio Family Brands
HomePosts Tagged "oil"

Stories tagged with: oil

Subscribe to the oil News Feed.
SHARE NOW

Grassley critical of EPA over used cooking oil imports

U.S. Senator Chuck Grassley is criticizing the EPA for how it verifies the integrity of used cooking oil imports. The Iowa Republican says the agency recently revealed it relies on foreign records to prove the product meets Renewable Fuel Standard requirements. “However, EPA can...

Soybeans see strong close on soybean oil strength

Soybeans were higher on commercial and technical buying. There was also spillover from soybean oil, which was supported by the strength in palm oil. Export sales were down on the week, but larger than average at 74.9 million bushels, with China and unknown destinations...

Soybean Oil as Biodiesel

Matt Amick, Director of Market Development for Missouri Soybean, tells Brownfield that the checkoff helped commercialize soybean oil as biodiesel, and has allowed them to explore other markets in this Spotlight on Soybeans. The post

Solid midweek gains for soybeans, soybean oil

Soybeans were higher on fund and technical buying. China and unknown destinations both bought 132,000 tons of 2024/25 U.S. soybeans and bean oil was up on the strength in crude and palm oils. The trade continues to monitor planting weather in South America, with...

Better checks and balances for used cooking oil imports

The Minnesota Soybean Growers Association wants more checks and balances for regulating used cooking oil imports. MSGA vice president Ryan Mackenthun says members recently traveled to Washington D.C. to discuss several issues including sustainable aviation fuel tax policy. “We’re seeing a lot of used...

U.S. soybean oil market affected by Canada and China spat

China is launching anti-dumping investigations into Canadian canola imports and a market analyst says the news has been weighing on U.S. soybean oil prices. Randy Martinson with Martinson Ag Risk Management in Fargo, North Dakota tells Brownfield “now the expectation is that Canada is...

Soybeans up on soybean oil, weather questions

Soybeans were higher on short covering and technical buying, with the most active months up on the week. Beans were oversold and saw bounce with help from soybean and crude oils. There’s also the chance of crop stress in some areas with a warmer,...