01.24.2025
Renderer BFT trades higher to close out the week
Renderer grade bleachable fancy tallow (BFT) traded up to 50 cents per lb Chicago on Friday January 24 in a five-car trade.
Prices into the Gulf were higher as well,...
Biodiesel Activity
A weaker US dollar, rising crude oil prices, and cold weather throughout much of the Northeast helped to boost heating oil futures. HO futures jumped nearly 10 cents to $1.91 per gallon, their largest single day move since 11/28/14 when prices fell by nineteen cents per gallon. Despite rising soybean oil costs, up 0.26 to 32.01 cents per pound, the rise in HO was enough to send the bean oil/heating spread spiraling lower by 9 cents per…