Porcine bloodmeal prices traded higher today, topping out at $1325 per ton out of the Indiana market. Sellers have been able to leverage the tightening supplies into higher prices this week. Production is expected to continue to tighten in the coming weeks with hog slaugher forecast lower heading into April. Saturday slaughter is expected to slow, further limiting the weekly production totals in the…
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...