European values for Cat 1 fats are up €5 this week compared to last as are Cat 3. Cat 1 fats are seeing an increase in demand due to an uptick in European TME values. UCO values are up as well, quoted anywhere from €640 – 660 DDP for ISCC approved material. UCO prices are up considerably from the start of the year where DDP prices were trading in the high €500’s. At 650€, UCO has a US$ equivalent of around $700. Weaker prices in the…
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...