It was a busy day for the BFT market, $0.2800 Chicago for ten cars of packer and $0.2850 Chicago for three cars of renderer.
Trading in the yellow grease market was quiet and sources were reporting the CWG truck market at steady.
Sources in the south and southeastern markets continue to report weak conditions. Supplies on both poultry and yellow grease remain plentiful. Buyers are waiting the market out in hopes of catching a bottom.
Figure…
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...