Systems and methods are provided for processing a feed derived from a renewable source to form oligomerized compounds corresponding to waxes, ketone waxes, and/or lubricant boiling range compounds. The oligomerized compounds derived from the renewable source can have various novel properties relative to waxes and/or lubricant boiling range compounds derived from mineral sources or derived from renewable sources in a conventional manner. The oligomerized compounds can be derived from a renewable source including fatty acids and/or fatty acid derivatives, such as glycerides (including triglycerides) and fatty amides. Optionally but preferably, at least a portion of the fatty acids and/or fatty acid derivatives can include olefinic bonds.