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 driven by short covering and increased end-user buying.
Distiller’s corn oil (DCO) FOB Missouri River increased 2.14% week over week, despite consistently strong production levels and continued declines in soybean oil prices.
Used cooking oil (UCO) delivered to the Gulf Coast also rose, up 1.43% to average 46 cents per lb, marking a four-month high.
In contrast, choice white grease (CWG) dipped slightly, down 0.47% from the previous week’s average.
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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.
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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...
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Bloodmeal largest price mover week on week; November cattle on feed higher
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