Malaysian palm oil exports of 679,539 metric tons are 14.7% less than what was seen over the first 20 days of July and 34% less than the 1.027 million MT shipped over the first 20 days during August 2016. This is not reassuring to a market that generally sees volumes trending higher during August. Last year, 1.8 million metric tons was exported. In 2015, 1.6 million was shipped. Given 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...