Trading out of the Australian market was unchanged, both for domestic and export business. News was quiet out of Australia coming off of the long, holiday weekend. The market dynamics remain much the same, tight kills and tight supply but lower bids from big buyers in the export market.
Figure 1.
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Biodiesel margins rise, but window of opportunity limited
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Gulf prices average higher despite weeklong declines in SBO
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Bloodmeal largest price mover week on week; November cattle on feed higher
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