Weekly Recap
Soybean futures closed the week fractionally lower, slipping ¾ of a cent to 9.67½ per bushel for the Sep contract. The November contract fell 7.25 cents per bushel. Prices dropped 16.5 cents for the September contract in the beginning of the week and attempted to come back as the week progressed, but ended just short. The…
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...