Trading in the spot, nearby market was non existent today. Sources have reported that biodiesel interest for January is popping up and buyers are quietly sourcing material for the nearby position. Corn oil trading was reported late Friday, $0.2350 FOB Mo. River and $0.2400 FOB Indiana for the 60 day position
Heating oil was off by $0.11/gal last week hitting a multi year low at $1.1198/gal. The spread to fats was a record low as well,…
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...