It was an active Monday with renderer bleachable fancy tallow (BFT-R) and technical tallow offered down into/through the Chicago market today and unsold as of press time. Yellow grease traded lower out of the San Francisco market late on Friday, but the top end of the range has been consistent into the renewables sector. Distillers corn oil traded lower out of the IL/WI market and into the Manly, IA market.
Cattle slaughter finished last week at a robust 658,000 head, down 1.6 percent from a year ago and up 3 percent relative to the year prior. Slaughter is forecast to move higher over the next six weeks. This week, slaughter is projected out at…
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...