Trading was limited to a container and a half at 0,90€ this week out of the EU. North American trading was quiet.
Sources continue to report pressure on the US market due to currency strength. A few have commented that business should start to pick up with the warmer weather, but thus far they haven’t seen a spring increase. The INSCA meeting is coming up quickly, just three weeks away. A few have commented that they’re hoping the annual…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...