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Sustainable Aviation Fuel Delivery is Milestone for Future Ag Markets

The first delivery of SAF from Diamond Green Diesel refineries on the Gulf Coast to eastern U.S. aviation fuel customers marks significant beginning to expanding market for ag products

The much-heralded potential of sustainable aviation fuel (SAF) as a hot market for agricultural products began in earnest in mid-November as Naples Aviation accepted the first delivery of the renewable jet fuel destined for eastern U.S. markets. The size of the delivery was not disclosed.

The sale is part of an agreement between Avfuel Corp. and Valero Marketing Supply Co., and Darling Ingredients Inc., using waste-based feedstocks refined by Daimond Green Diesel (a Valero subsidiary) in Port Arthur, Texas. There, Valero has converted 50% of its refinery’s annual 470-million-gallon capacity to SAF. The facility is expected to be one of the largest SAF refiners in the world.

Feedstocks for SAF range from used cooking oil and animal tallow to distiller’s corn oil and ethanol, providing a wide-range of opportunity for various agriculture raw-material markets. SAF provides an estimated 80% reduction in greenhouse gas emissions over the lifecycle of its production to eventual consumption by aircraft.

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!