Six cars of packer BFT traded at $0.2400 Chicago this afternoon and six cars of CWG traded at $0.2300 Chicago this afternoon, both down two cents. Sources suggested that trade was likely a byproduct of a market that moves, in majority, sans storage. Earlier in the day both renderer and packer were offered and unsold at $0.2600 Chicago. There were three cars of packer material that traded outside of the Chicago market at $0.2600 Chicago equivalent for first half Nov…
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...