Trading out of the ANZ market was flat with last week. Sellers have reported strong interest from both China and Singapore, but at current prices. Cattle slaughter in Australia continues to trend up as the heavier slaughter season is picking up. Kills are still well below 2015 levels, but have steadily trended above 2016 since June.
Trading out of the North American market was steady this week with the exception of East Coast YG. Interest from…
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...