01.24.2025
Renderer BFT trades higher to close out the week
Renderer grade bleachable fancy tallow (BFT) traded up to 50 cents per lb Chicago on Friday January 24 in a five-car trade.
Prices into the Gulf were higher as well,...
Heating Oil Tumbles Despite Large Draw in Inventories
Heating Oil prices tested resistance following a stronger than expected draw in crude oil inventories and a robust beat on industrial product, but was unable gain traction, and eventually moved lower. According to the Federal Reserve U.S. industrial production beat estimates with a 0.3% June rise, after a net upward revision in the index levels since March that trimmed the size of the industrial production downturn in the…