Late Friday three cars of edible tallow traded at $0.3550 Chicago basis for May shipment. Trading this afternoon was limited to the Mo. River YG market, $0.2400 – $0.2500 FOB in trucks.
Last week’s BFT average was up 2/10th of a cent compared to the week prior at $0.3175. Trading in the BFT market was limited to some end of the week action at $0.3325 into the Gulf market. Sources continue to report the nearby market…
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...