European pricing on Cat 3 tallow is unchanged this week with no new trading reported. With higher palm prices over the last week, some are anticipating higher tallow values. Cat 1 tallow prices were reported around the 420€ ex works mark. UCO prices DDP were reported in a range of 610 – 630€ DDP, which would equate to a US$ equivalent of approximately $695 – 717.50.
Trading out of the New Zealand market was done at higher prices….
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...