Animal Fats – International
The range on Australian premium grade tallow widened over the last week. Both top white and pure beef saw the bottom end of the range fall US$10 for export. The domestic Australian market was predictably mid month quiet. Tallow values in New Zealand were mostly steady, but 4% BFT was reported higher NZ$1130 – 1180. The inverse between Feb and…
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...