Trading was steady out of the North American and EU markets, $1.08 and €0,87 – 0,93, respectively. Sources in the EU have commented that Chinese demand is lending some support to the EU market, but others contend that the EU market is status quo.
Many have commented about the higher trades in the market, suggesting North American values should be no more than $1.00 – 1.05 given retail conditions and the EU runners that are readily available at…
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...