Packer bleachable fancy tallow (BFT-P) traded higher today on a Chicago basis. Availability had been tight, but the offered material quickly traded this afternoon. Technical tallow was offered earlier in the week at the equivalent of 48.5 – 49 Chicago, but did trade. Sellers are seeing strong demand from the West Coast and Gulf markets for tallow, both BFT and technical.
Choice white grease prices are higher out of the Carolinas markets, but steady FOB Indiana and Missouri River. There have been smaller volume trades at lower prices, 32 – 33 FOB River and at higher prices, 38 – 38.5 FOB but the bulk of trading has been in the reported range. Delivered values into feed and renewables have been indicated in a range of…
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...