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During July, DCO prices reached their low for the year after the energy demand slowdown created by Covid-19 as sellers needed to generate more demand. Now that the economy has started to rebound along with energy demand, it is reasonable to think that prospects are better for prices to improve over the next few weeks.
The low soybean oil prices seen in May were bearish for prices as some bioenergy producers…
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...