Choice white grease prices moved higher today out of the Missouri River on strong biodiesel and feed demand as well as interest from traders. A heat wave across much of the Midwest is causing issues with quality as well, which has tightened the amount of in-spec material available on choice white grease as well as bleachable fancy tallow. The bid at $0.3200 Chicago for renderer BFT was out again today with no trading confirmed as of press time.
Yellow grease prices moved higher in the Midwest and East today. Yellow grease in the East has tightened, an overall tighter feed fat market has helped to boost prices. Through today, Mo. River CWG is trading at a…
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...