Interest for BFT was repeated at $0.3200 Chicago this afternoon with offers out at $0.3400. Tech tallow traded on a Chicago basis, but outside of the Chicago/Rule 11 market at $0.3650. Edible trading for the + 30 day market was reported at $0.3700. Two cars of CWG traded at $0.3100 late yesterday afternoon.
Cattle on feed numbers were released on Friday, showing a 1% increase from March of 2014. The increase coupled with seasonality of slaughter is leading…
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...