Trading was fairly quiet this afternoon with little activity reported. Choice white grease traded steady out of the Mo. River market. Yellow grease was quiet with sources again suggesting lower bids.
BFT remains untraded in the Chicago market, but sources have suggested interest is building for the March position. As stated yesterday, a bid of $0.2900 for the March position went untraded. Given the continued tight kills on cattle, it’s not surprising to see…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...