Please note, the Carolinas YG price was corrected to $0.2600 – $0.2650 at 8 am CT on Wednesday morning.
Packer BFT remains offered at $0.2950 Chicago with no takers. The story is similar for the tech market, offered at $0.3050 Chicago with no interest shown from the buy side. Renderer tallow remains quiet with no bids or offers. If no interest is shown tomorrow, the market will be unquoted. The weakness in the…
11.15.2024
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
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
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...