Uncharted Waters

Uncharted Waters

Volume for hemp derivatives is low right now.  We’ve reported about potential long-term gains for isolate, with increased demand for domestic product resulting from supply chain disruption, particularly in China.  In the short term however, doing business has become more difficult, and CBD products will not be immune to an economic contraction.  States and municipalities are imposing various levels of restrictions to try and curtail the explosion of COVID-19 cases,…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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