There continues to be big moves in the market and a very wide range on price reports up and down the price guide. Choice white grease prices were up sharply out of the Missouri River today with buyers paying a premium for substantial volume into February. Sellers looking to move smaller volume sales (2 – 5 trucks) are trading at the bottom end of the range. Yellow grease prices traded higher again today, pulled up by the choice white market and big feed and bio demand. Trading into the Kansas/Texas market was higher, topping out at 33 cents delivered but with good volume as low as 29.
A number of sellers went long at the end of 2020, into Jan and Feb on sales that have been indicated in the high 30’s delivered for yellow grease, but to a limited market sector. These sales are factoring into big moves and big price spreads…
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...