Fastmarkets launched AG-WHE-0058 Wheat 10.5% fob US Gulf SRW wheat $/mt on January 6, 2025.

Global used cooking oil (UCO) prices were highly volatile throughout 2024 amid market uncertainty, trade flow and policy changes, with market sources expecting the prices to increase further in 2025, pushed up by higher demand and increased biofuel production obligations.

The publication of Fastmarkets’ Ukrainian sunoil and sunmeal, and Russian sunoil assessments between January 2, 2020 and March 11, 2022 were delayed because of a technical issue.

Gasoline and diesel prices in the UK are set to begin 2025 significantly lower than a year earlier, but uncertainty and potential volatility lie ahead due to a combination of an upcoming administration change in the US and other global events and policies, experts told Fastmarkets.

Fastmarkets has corrected its assessment of AG-SYB-0066 Soymeal, Hi Pro, fob Central Illinois, $/tonne, which was published incorrectly on December 18, 2024.

Africa's increasing air travel demand and biofuel production potential, alongside the Middle East's strategic SAF investments, position both regions as key players in advancing global aviation decarbonization efforts.

The US feedstock and biodiesel industries face significant uncertainty due to potential policy changes, including pending import tariffs, the transition from the Blenders Tax Credit to the 45Z Clean Fuel Production Tax Credit, and delayed federal guidance.

What if the success of your biofuel operations hinged on a single variable—tallow prices?

Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils on Wednesday January 1.

Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central time on Tuesday December 31 due to the early closure of the Chicago Mercantile Exchange (CME) ahead of the New Year holiday.