The domestic market was very quiet today with only light action reported out of the Mo. River market on ruminant MBM at steady prices. Sources continue to suggest that ruminant and porcine products are under pressure, but that poultry proteins are firm ground.
Trading into China and Indo were consistent with last week’s numbers. Sources reported trading into both markets as high as $560. Sellers have commented that…
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...