Malaysian palm oil exports of 852,206 metric tons are 25.4% more than what was seen over the first 20 days of August but nearly 7% less than the 914,264 MT shipped over the same period in September 2016. Stronger export activity over during September has been helpful but many expect to demand to taper off in coming days as China’s National Day holiday is expected to last the entire first week of October. Given that exports…
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...