Trading was very quiet today with little action reported. Sources reported a light packer BFT offering at $0.3375. CWG trading was reported at $0.2800 – 0.2875 FOB Mo. River this afternoon, steady with Monday’s trading range.
Yellow grease action was steady out of the Illinois market as well as Mo. River and NY. Trading into the Carolinas was up a half cent from the previous low, $0.2750 – 0.2900. Sources have suggested that heavy feed wheat usage is driving…
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...