Trading was quiet in the tallow market this afternoon with reports of interest, but slim offerings for the May position. Sources have commented that tech and BFT seem to be well sold for May.
Trading on YG was reported steady out of the IL market. Yellow grease trading was sideways into the KS/TX market. Poultry fat was steady out of the AL/GA market.
Ethanol production continues at a seasonally reduced pace with the EIA reporting a daily production…
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...