05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Biodiesel blending economics settled lower today. The BOHO tumbled as heating oil moved higher and soybean oil spilled to an eight-week low. Feedstock pricing is testing support as the December soybean oil contract looks to see if the 28-cent-per-pound level will hold. Heating oil prices matched last week’s high and are the highest they have been in over three…