Ruminant MBM values into SEA have moved higher this week, $500 – 510 CIF with values consolidating towards the $510 mark as the week has moved along. The higher bean meal prices have helped boost that market and sellers are reporting higher numbers into China as well.
The ANZ markets were mostly flat this week with sideways trading reported up and down the MBM gamut. The only change was the AUS domestic market, which saw the bottom side fall…
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...