It was a very quiet day in the fat market with little action reported. CWG trading was down today, $0.2450 – 0.2500 FOB Mo. River to sum up the day’s spot action.
Prices were fairly regional last week with the Midwestern markets seeing declines in the DCO, YG and CWG markets. Looking at the big drop in heating oil values it’s easy to make the connection between the price drops and biodiesel bids/demand. Sources commented that both biodiesel and feed…
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...