Trading out of the Mo. River market was higher today, $270 – 285 for ruminant material. Trading elsewhere was very quiet with many on the sidelines waiting for the dust to settle at the CME. The August contract closed down $18 at $317.9 and October futures settled at $321.9, down $18. Both buyers and sellers are certain to keep one eye on the weather map and the other on the board ahead of next week’s trading.
R…
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...