Malaysian palm oil exports appear to be holding close to January’s pace, which was the first uptick in export activity in 5 months. Over the first twenty days of Feb, demand for crude palm oil (CPO) is up 43.5% from January. CPO shipments increased by 36,890 tons in the past five days, but at 121,690 tons shipped so far, lag last year’s sales by 87,805 tons. Demand for…
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...