Perhaps the allure of a solar eclipse was too much to entice any trading today. The market was quiet with the exception of an untraded offering of packer BFT at $0.3500 Chicago. Sources did suggest interest at $0.3600 Chicago for nearby tech, but no offerings were found.
The market was flat again last week with few changes. Choice white grease in trucks traded down, with the weekly average dropping a quarter of a cent. Hog slaughter was strong at…
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...