After yesterday’s $0.3400 trading on BFT the fat market was predictably quiet. BFT sellers were in offering $0.3400 for June shipment. The highest bid reported was $0.3200. Edible tallow did trade at $0.3550 Chicago, four cars for the June position.
Yellow grease trading was reported steady throughout much of the country. Corn oil activity was steady as well with sources reporting mostly hand to mouth buying this week.
Ethanol production was…
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...