Late in the afternoon, three cars of packer BFT traded at $0.3425 Chicago.
Trading for most of the day was mostly quiet today with many keeping an ear or an eye towards DC in anticipation of the announcement on potential countervailing duties or anti dumping penalties against Argentina and Indonesia. Late in the day the Department of Commerce found in favor of countervailing duties and critical circumstances, which allow for retroactive penalties for…
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...