WORLD VEGETABLE OIL MARKETS CONTINUE TO PLUNGE
Monday was another day of historical volatility across all major markets following a series of moves by the U.S. Federal Reserve to stabilize bond markets and ensure the plumbing of the U.S. financial system did not break down. The move, which seemed to spook markets, even if it was sufficient for its purpose, with major equities markets posting one of the largest…
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...