There were some positive signs for suppliers this week with the market beginning to show a little resiliency. A number of sources noted bid volume was up and while a number of selections reported down $2 to $3, prices seemed to level off and held a little better. Many reports of buyers demanding that prices be lowered on old shipments with a take-it-or-leave-it attitude still abound.
While there was a very wide range of prices due to…
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...