Malaysian palm oil exports of 625,655 metric tons were 22.2% more than what was seen over the first 15 days of August but 7% less than the 669,866 MT shipped over the first half of September 2016. Stronger export activity over the first half of September is helpful, as the MPOB recently reported that exports at the end of August were down 18% year over year. September export activity is still lighter than what we have…
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...