Packer BFT remains offered and untraded at $0.2900 Chicago, the same for tech at $0.3000 Chicago. Renderer BFT was last offered at $0.3000 Chicago, but remains untraded. Sources have commented that buyers are afraid to be owners at the $0.2900 with a general perception of weakness in the market.
CWG trading was quiet today with buyers and sellers still feeling out the market. Hog kills remain strong ahead of the Easter holiday with 426,000 processed today….
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...