Five cars of renderer tallow traded at $0.3200 Chicago this afternoon following up on yesterday’s $0.3200 Packer trade. Sources reported an offer at $0.3200 Chicago for packer material, but the only counter reported was at $0.3000. Tech tallow traded just outside of the 30 day window in a range, $0.3450 – 0.3500 delivered Gulf. Twenty five cars were reported at the $0.3450 mark, four cars at $0.3500. Ten cars of packer BFT traded at $0.3150 delivered Gulf for June…
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...