Trading was quiet today with few changes reported. Demand continues at steady prices for choice white grease with trading reported within the printed range today. Biodiesel demand has been the main driver in the market over the last month, pushing prices up 15 percent out of the Missouri River market. Heating oil prices stuck in the $1.26/gal range may put a lid on prices in the near term.
Prices in the DCO market were unchanged today, but demand remains…
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...