Packer BFT traded at $0.3375, three cars of which two were within the 30 day window. Renderer BFT traded down to $0.3425 Chicago for five cars. Three of the five cars were traded within the 30-day window. Chemical demand has been suggested lower by some sellers, but those within the chemical sector have said volume for both Sep and October is strong. Typically, BFT has declined in price starting on or shortly after the start of September. Last year was an exception,…
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...