Two cars of edible tallow traded at $0.3500 Chicago this afternoon. Tallow trading outside of the edible arena was very quiet.
CWG trading was reported at a flat $0.280 out of the Mo. River market today. Sources suggested that the strong hog kills may be putting a bit of pressure on the market, but biodiesel demand and a good price relative to other feed fats would limit the downside. Yellow grease was up out of the Illinois market, $0.2750 – 0.2800 FOB….
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...