Distillers corn oil and choice white grease traded higher today. Some short covering and strong demand from the feed and renewable sector pushed the choice white grease market higher today. The increase in distillers corn oil pricing was driven by strong renewable demand and a wide spread to soybean oil. Chicago CWG prices will be unquoted tomorrow if there is no trading by the end of the day.
Trading was steady in the poultry fat market with no changes reported. The Carolinas market is currently trading at a five cents premium to the AL/GA market. As prices have increased in the Eastern and Mid South markets,…
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...