Fat prices out of Australia, both domestic and export, are off by a sharp degree compared to last week. Sources had reported some stubbornness at the higher end, but cheaper prices from competing sellers and a well-bought fuel sector have brought prices down. With reports of fuel buyers full through June, sellers have looked to China and other markets and have seen not only palm take away value from the tallow market, but local Chinese production as…
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...