The fat market was exceptionally quiet today with little action reported. Most called the market steady, although positive sentiment was hard to find. Sources reported steady sales of YG into the feed sector, poultry fat was reported steady out of the AL/GA market.
DCO trading was reported up out of the Illinois market, $0.2700 – $0.2800 FOB for the nearby and deferred positions. Overall the corn oil market was quiet with the ethanol conference under way in…
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...