Another Friday, another edible tallow trade to close the week with three cars of edible trading at $0.3625 Chicago. Packer BFT was traded at $0.3300 Chicago in the 30 day window, another five cars were traded for July at the same price.
Corn oil trading was done higher through Manly, IA $0.3025 – 0.3150. Sources have reported delivered Gulf values in a range of $0.3300 to $0.3400 with similar numbers reported for UCO delivered into the same region.
Th…
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...