US animal fats and oils rallied to multi-month highs as diesel and energy gains improved renewable diesel and biodiesel margins. Used cooking oil, tallow and distiller's corn oil all reached elevated levels, with the US Gulf leading gains.
Stronger biofuel margins lift feedstock demand and prices for fats and oils, while producers warn rising feedstock costs squeeze profitability.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.