WORLD VEGETABLE OIL MARKETS END FRIDAY CLOSE TO UNCHANGED AFTER HISTORICALLY VOLATILE WEEK
Friday was another day of extreme volatility in the equities and commodities markets, with equities markets rallying sharply on news that the Administration and Congress were close to a deal on a fiscal stimulus package to combat the effects of the coronavirus pandemic. Soybean oil futures traded in a range of more than 1 1/4…
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...