Weekly Recap
Soybean futures closed higher for a second straight week, up nearly a dollar per bushel over the past two weeks. Soybean prices have moved higher every day for the past two weeks after hitting the lows of the year on June 23rd, 2017. For the week, prices closed nearly 54 cents higher at $9.96 per bushel for the July contract….
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...