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Podcast: Grain Markets and Other Stuff
Episode: Biodiesel Problems: Chevron Idles Two Midwestern Plants
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyGoogleTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Chevron, the second-largest US oil producer, has closed two biodiesel plants located in Ralston, IA, and Madison, WI, citing deteriorating economics for renewable fuels. With a combined capacity of processing 50 million gallons of biodiesel annually, these closures highlight challenges facing the renewable fuels sector, including declining values of renewable credits and increased supplies, leading to...