Choice white grease traded lower today as strong slaughter continues to keep the market well supplied with grease. May bids for UCO are lower into the Gulf, but trading has yet to commence. Sellers are well aware of the looming tightness coming on the supply side of the UCO market and no one seems to want to step up and go long. There are still shorts into the Gulf at much higher values through April. With that stated, ten rail cars traded late yesterday at $0.2600…
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...