July Soybean futures moved lower for the first time in seven weeks. The week started off rough, with values dropping more than 42 cents per bushel over the first two days. The market turned around though and worked higher from there, but the deficit was more than it could over come by Friday’s close, as the July contract finished 1.75 cents per bushel lower and the August contract was off by 6.25 cents. On Friday,…
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...