The crush margin fell 6.1% on higher soybean costs and lower values received from both soybean meal and oil sales. Prices did not move much during the week, meal and oil values were only off by 1% and the cost of soybeans only increased slightly, but the effect was enough to push the margin lower. The value received from oil and meal sales, per bushel of soybeans crushed, fell by 5 cents per bushel, while the price of…
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...