Biodiesel Bulletin

Biodiesel Bulletin

 

Distillate Stocks Supply is Falling Ahead of the Heating Season

Residential heating oil prices are rising despite warmer than normal temperatures that are covering most of the United States.  There are different scenarios that will play out depending on the relative coldness of the 2017-18 winter.  The EIA forecasts this results and with heating oil stocks at the low end of the 5-year range, crude oil prices could be driven by distillates, and making it so…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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