Trading was quiet this week with no new trades reported out of the North American or EU market. Sources remarked that China continues to get, “expensive” but no one was willing to put a figure on how expensive, “expensive” is. Increases have yet to spill over into the North American or EU markets. Sources have also commented that they expect the market to remain slow over the next couple of months due to cold weather and holiday patterns.
Table…
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...