Production economics looked a bit better by the end of the day than they did in the beginning, as heating oil futures moved higher, as crude advanced over $60 per barrel, while soybean oil futures edged lower. The BO-HO spread dropped 7 cents to 41 cents per gallon with HO advancing 5 cents to $2.00 per gallon and SBO falling 23 ticks to 32.81 cents per pound.
Making the economic picture even more appealing for biodiesel and renewable…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...