Weekly Recap
Soybean futures fell 2.5% over the past week and have seen price declines in three out of the past four weeks. Prices fell just over 26 cents per bushel, eliminating most the gains seen the week prior. Soybean oil prices dropped more than 5%, helping to pull the entire soybean complex lower. Export sales rallied, rising 66% week over week for…
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...