EU and North American runners traded in a steady, wide range. Sources are reporting steady demand at sideways pricing. Buyers on the retail side have complained about the higher prices, suggesting they’re not buyers of a finished good based on prices above $1.10. US hog slaughter continues to chug along at a very strong pace, which should keep the US market well supplied with material.
EU pricing continues to range based on width, with the narrow…
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...