BFT was offered out at $0.3400 Chicago this afternoon for both June and July arrival. Sources reported that $0.3200 was the best bid heard in the market. Tech tallow was offered out for a similar time frame at $0.3600, no sales were reported.
CWG trading was done higher out of the Mo. River market, $0.2500 – 0.2600 FOB in trucks. Sources have speculated that material may quietly be moving at higher numbers. Chicago trading was done in three…
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...