Biodiesel Bulletin

Biodiesel Bulletin

 

Strong Crude Build Offsets Benefits of a Declining US Dollar

Heating oil prices moved to the bottom end of its recent trading range as a larger than expected build in crude oil inventories added negative sentiment.  Price action seems to be following the dollar as opposed to strict fundamentals that reflect supply and demand.  Over the last few trading session the dollar has weakened allowing petroleum products to gain traction. Demand continues to remain…

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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