Bovine MBM values into China were up $10 compared to last week and trading Indonesia was up $10 as well. Sources have reported good demand post holiday and availability out of the Australian market is tight.
Trading out of the NZ market was higher on MBM while Australian values were unchanged. Sources in the New Zealand market commented that renewed demand from China as well as higher prices out of Indonesia have given their market a…
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...