Crude edged higher, pulling heating oil and soybean oil values up as well. Heating oil futures climbed bac to $1.50 per gallon, up 2 cents, while SBO was up 28 handles to 27.46 cents per pound. The HO and SBO moves offset one another, leaving the bean oil/heating oil spread unchanged at 52 cents per gallon.
B15 RINs had steady bid interest at 48 cents in the morning moving up towards 48.5 cents in the afternoon. E16’s saw support at 35.25…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...