Packer BFT traded into the Gulf market today, ten cars at $0.2500. Chicago BFT action was quiet and sources suggested that material may be available, but no official offers were out. Three cars of edible material did trade at $0.3100 Chicago.
Yellow grease did trade lower this afternoon, as low as $0.2200 FOB IL and $0.2050 FOB Mo. River. Buyers were able to leverage yesterday’s BFT trade into lower YG prices, but many suggested that the lower priced trading…
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...