Trading was very quiet today with not much action reported in the market. Sources have suggested that there is some biodiesel interest for January, prompt if sellers have it, but thus far volume and numbers have yet to materialize. Many have commented that the market has entered the holiday mode with buyers, sellers and traders concentrating on paperwork and logistics.
There were a couple of NY YG trucks traded today at $0.1850 for low acid product….
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...