The tallow market remains a vacuum in terms of bids, offers or spot trading. Sources seemed to be fairly comfortable with numbers for the BFT market, with suggestions that the next level is going to be higher.
Tech/Edible trading remains non-existent with sellers reporting that early Feb snowstorms created some shipping backlogs that are still being filled with current production. Chemical demand is present in the formula market, but bids for spot material…
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...