NOPA Crush falls below estimates; oil demand remains strong
NOPA reported crush for its members totaled 164.2 million bushels, which was 233,000 bushels below the average analyst estimate of 164.5 million bushels and 600,000 bushels below The Jacobsen’s expectation. The total was up 27.8 million bushels from September’s 136.4 million bushels, but was…
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...