Animal Fats

Animal Fats

Market Activity

After a quiet couple of weeks, the packer BFT market broke lower today with eight cars trading at $0.3000 Chicago. Material had been offered early in day at $0.3075 with the offer falling a penny after news of the $0.3000 broke. Three cars are now offered out at $0.2975 Chicago. Edible tallow traded in three cars at $0.3250 Chicago.

CWG trading was lower today as well with reports of trucks as low as $0.2300 FOB Mo. River. Strong kills and weakness in the…

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11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...

11.15.2024

UCO 2025 market clouded by China’s cancellation of export rebate

UCO 2025 market clouded by China’s cancellation of export rebate

China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...

11.15.2024

US animal protein prices steady to firmer week on week; SBM under pressure

US animal protein prices steady to firmer week on week; SBM under pressure

The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...

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