Trading was limited to one container of runners out of the EU market at €1,22 this week. Trading at volumes smaller than one container were reported at €1,30 and €1,70. Sources within the EU continue to report trading at levels closer to €2,00 but confirmation has not been provided.
North American material was quiet this week as the vast majority of runners are contracted, leaving very little left to hit the spot market.
The…
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...