The MPOB monthly supply and demand figures for April showed exports continued to improve in a month over month comparison. Total palm oil exports grew by 1.4% to 1.28 million metric tons, as cyclical export demand kicks into gear. This trend often continues through October. April exports not only exceeded March activity, but were 9.4% more than what was seen in April of 2016, and at their…
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...