Trading was fairly quiet today with not a lot of spot market action reported. Formula business for BFT was reported from a few different directions for March chemical business. Sources reported that demand remains steady and consistent with March 2016. The declining palm and bean oil markets is likely putting a lid on the tallow market at present.
Poultry fat trading was done at steady levels today with no changes reported. Yellow grease trading was done…
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...