The Chicago tallow market was busy today with three cars of packer trading at $0.2600. Renderer remains offered and unsold at $0.2700 and there is some additional packer material offered at $0.2600. Edible tallow traded at $0.3300 today in eight cars. Technical tallow remains quiet through the Chicago market.
Corn oil trading today was steady, but there is some bearish sentiment in the market tied to the biodiesel buyers. With the unplanned downtime at the…
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...