Exports of palm oil products have slowed and are currently 3% lower than the pace seen through the first 15 days of March. The crude palm oil (CPO) export tariff was reinstated for April after being scrapped from December through March. When prices fall below 2,250 ringgits per ton the tariff can be waived. Pricing had climbed back above that mark and Malaysia boosted the tax to 4.5% for April. However,…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...