Three cars of packer BFT traded at $0.2950 Chicago this afternoon. Trading outside of the Chicago market was fairly quiet. Sources reported that there was some pushback on April tallow shipments, but enough short covering to keep the market steady.
Fat prices edged higher last week on a number of products, although only slightly. Yellow grease saw the weekly average move up just under a 10th of a cent due to higher prices in the Carolinas…
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...