The fat market was a typical Monday-quiet with little action reported. CWG trading was reported steady out of the Mo. River. Offers are out at higher numbers for Chicago, but thus far buyers haven’t been willing to pull the trigger. Strong biodiesel production is lending strength to both the yellow and choice white grease markets.
The sentiment in the BFT market isn’t if, but when, the market will move higher. There is interest to buy, but sources are…
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...