Prices into both China and Indonesia were lower this week. US sales for pre-Ramadan shipments, if not done, will be done in the next day or two. Vessels out of North America not on the water in the next few days are likely to miss the cutoff date. Australian and New Zealand sellers are operating in a similar time frame, although the shipping window is still open for another week to week and a half. Non-essential trucks are banned from 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...