**Please note that the edible and technical tallow quotes were updated at 4:20 CT to $0.3500 and $0.3600, respectively.**
Eight loads of edible tallow tallow traded at $0.3500 Chicago this afternoon. Sources reported that cheaper material may be floating around on various tallow grades as sellers have had to redirect shipments that had been headed to Houston for export. Sources have reported additional tech volumes sold on a formula basis…
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...