ANIMAL FATS
The trading today was non-existent in the BFT market, however, there was additional packer material offered at 28.5 cts. and at least 3 cars of renderer were offered at 30 cts. This will be reflected in the Jacobsen Price guide.
In talking around today one market source suggested that no matter what happens in the fats and oil market the average CME soy oil price will run between 30 and 36 cts. If that is the case then BFT prices would…
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...