Light sweet crude values bounced off lows not seen since late March and managed to close slightly higher at just under $48 per barrel. The BO-HO spread moved higher, following soybean oil, which climbed 55 basis points higher to 30.66 cents per pound on the front month contract.
Biodiesel RIN’s did not follow the BO-HO higher. Sellers marched values lower in an orderly fashion. It seemed like obligated parties might support the market at 70…
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...