Choice white grease prices have come off this week as pressure continues to mount from the sinking equity and energy markets as well as lower prices for grain and veg oil at the Chicago Mercantile Exchange (CME). Since February 20th, heating oil prices have declined 56 cents per gallon or 33 cents per pound. The per pound equivalent of that price decrease is just shy of 7.5 cents. Since Feb 20th
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...