Trading today was mostly quiet, there was relatively light volume of distillers corn oil traded at $0.2350 Manly, IA today. The bulk of trading was quiet with buyers and sellers still a ways apart, but given the current climate it is not unreasonable to expect prices to fall closer to this level towards the end of the week.
Packer BFT was offered lower at $0.3000 Chicago, renderer at $0.3100 Chicago and untraded as of press…
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...