The fat market was mostly quiet to start the week. Packer BFT remains offered and untraded at $0.2900 Chicago and Tech at $0.3000 Chicago. Buyers are reporting a comfortable position right now and don’t feel the need to venture in and stop what could be further declines.
CWG traded in good volume at $0.2450 this afternoon.
The weekly average price for fats fell across the board last week. Pressure from strong supplies of…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.