Trading was markedly lower in the MBM markets today, both ruminant and porcine. Trading out of the Mo. River market was done between $283 – 300 with most of the volume done between $283 – 295. Panhandle trading was lower as well, $264 – 295 with good volume seen at $279. The Illinois market was a flat $300 while Illinois Renderer was reported at $290. Delivered values into the Eastern and AL/GA markets was off sharply as buyers are seeing a number of protein…
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...