Palm exports were unseasonably high for the month of June. They were up 5.19% from May to 1,697,256, according to the Malaysian Palm Oil Board (MPOB) and hitting their highest monthly production on record. Palm oil output fell 2.6%, which helped to underpin pricing, as domestic stocks decreased 4.15% to 2,151,287 metric tons. Also, interesting to note, biodiesel exports saw a dramatic increase in June, moving…
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...