According to cargo surveyor Intertek Testing, middle of the month palm oil exports from Malaysian totaled 690,074 metric tons and were 4.3% less than what was seen over the first 15 days of October but they were also 27% more than the 520,870 MT shipped over the same time frame in October of 2016. Refined products show increased demand for palm olein and palm stearin, but sharply lower demand for RBD palm oil. In…
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...