The MPOB palm oil supply and demand figures for February shows that crude palm oil output continues to be reduced on a monthly basis and that palm oil export activity continues to be underwhelming. The MPOB also revised the January totals for exports, and stocks higher. For January, palm oil exports were elevated 118 MT higher, and the final stock tally was 695 MT higher.
In…
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...