It’s been a slow Monday with only 2 cars of YG being traded out of IL at a steady 26.5.
Trading was again flat last week with very little action in the market. The CWG truck market did pick up 3/10th in the Mo. River truck market. Corn oil trading was up as well, 4/10th or a cent or 0.6% higher than the week prior. Both increases were largely attributed to strong demand from the biodiesel industry.
Heating oil prices…
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...