It was a busy day in the market with prices dropping sharply in a number of markets. Packer BFT traded at $0.2500 – 0.2600 Chicago, five each, with more offered at $0.2500 to close out the day. Sellers continue to report a lot of difficulty finding buyers in the Chicago market. CWG was offered at $0.2350 Chicago this afternoon, down a penny and a half.
Five cars of edible tallow traded at $0.2650 and tech was offered and unsold at the same price. Renderer…
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...