It was a busy day in the market today with a big volume of BFT trading up sharply. Ten cars of packer BFT traded at $0.3400 Chicago, three cars of renderer BFT traded at $0.3400 Chicago. CWG trading was done at $0.3000 – 0.3200 Chicago, five cars at $0.3000 and six cars at $0.3200. Buyers needing May material were finding a lot of sellers with nothing to offer and were forced to pay up to secure material. Sources reported biodiesel interest for June yesterday…
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...