There was some North American trading reported at $1.04 for two containers this week and a handful of loads reported out of the European market. The majority of trading was done in the 0,79 – 0,8350€ range with one outlier coming in at 1,04€. Most continue to peg the EU market around the 0,80 – 0,90€ mark. Buyers negotiating in terms of US$ may be willing to pay more, due to the weakening Euro.
Figure 1.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...