The market was relatively quiet, with few changes reported. Yellow grease traded lower out of the Missouri River market in rail cars, truck business was steady with yesterday’s report. Distillers corn oil (DCO) prices remain well supported, with trading starting to consolidate more towards the top end of the reported range. DCO production picked back up last week, averaging just under 8.9 million pounds per day. The EIA estimated ethanol production at 937,000 barrels per day, the highest since the week ending September 4th. The increased production is a signal that the ethanol market may be past maintenance season and gearing up to close out the year…
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...