Malaysian palm oil exports of 567,280 metric tons are 15.2% more than what was seen over the first 15 days of March and are 17% more than what was exported over the same time in March of 2016. Refined products are seeing strong demand while crude palm oil is lagging its March sales pace. Demand for RBD palm stearin is up 106% or 34,925 metric tons, more than double its March export total mid-month. RBD palm oil…
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...