Vegetable Fats & Oils

Vegetable Fats & Oils

 

Crop Progress – Corn and soybean crop conditions slip, wheat and cotton improve

Corn crop conditions worsened in the poor to very poor categories but held steady in the good and excellent. Fields ranked as poor to very poor increased from 8% to 9%. Those rated as good to excellent held at 69%, which is 7 points less than the 76% seen at this time last season. Illinois, Indiana and Ohio continue to struggle with worsening conditions, as…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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