Bean oil futures edged higher on Monday as adverse weather threatened some crops in the Farm Belt. Weather is now taking center stage in the grain complex, and bean oil will likely take its cues from the movements in beans. Light snow hit parts of the Dakotas and Minnesota, where temperatures could dip into the 20s Tuesday morning. While damage to grain crops is not expected to be significant, the…
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...