A buyer was out with some short covering interest for packer BFT at $0.2800 Chicago, but was unable to secure any material before the end of the day. Tech tallow was offered at $0.3000 Chicago, but sources reported a dearth of bids in that market.
CWG trading was done in a four truck equivalent at $0.2725 Chicago with Mo. River trading done at steady levels.
Yell…
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...