Three cars of renderer BFT traded steady into/through the Chicago market this morning. Indications on packer demand have been steady in price and volume through October for the Chicago market and at Chicago-equivalent values outside of the Chicago rail corridor.
The overall market was reasonably steady today, with few changes reported. Poultry fat did move higher out of the AL/GA market and into the Carolinas. Fat sellers have taken advantage of wide spreads to fats in the Midwest and push prices higher with buyers not having many lower-cost options. The corn market has also helped push AL/GA poultry fat prices higher. September closed the month at an…
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...