High test DRT prices moved higher today. Sellers continue to push for higher ruminant blood meal prices, but thus far the $600 FOB level has been elusive. Prices for ruminant blood meal out of the Missouri River market have traded higher in October relative to September in two of the last five years, but only three times in the last fifteen. Despite a track record of lower prices in October, averaging a decrease of $51 over the last five years, the strong animal protein…
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...