The estimated crush margin dropped 4% this week, following its current trend where it has made a move lower in 9 out of the past ten weeks. The margin continued to slide despite a strong move higher in soybean oil and a few pennies per bushel drop in the price of soybeans. The edible oil jumped nearly 2 cents per pound on Monday/Tuesday before trimming gains to about 1.5 cents. The SBO rally seemed to be more related to…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...