The closing numbers
Biodiesel RINs continue to drift lower in what has become a quiet and lethargic market. August EMTS data remains on near term horizon and should appear any day. Biodiesel RINs fell to the 106/107 range, but, according to one trader, getting an accurate read on where the market is, given the lack of liquidity, it is hard to gauge. …
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...