Three cars of packer BFT traded late yesterday at $0.3400 Chicago. There was a rumor of $0.3350 trading today, but the closest thing found was a five car trade for November at that price, $0.3350 Chicago. No $0.3350 Chicago trading was confirmed for the 30 day market.
Yellow grease action was higher out of the Illinois market $0.2700 – 0.2800 with sources suggested trading is consolidating towards the $0.2800 end of the range. Mo. River action was reported…
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...