Animal Fats

Animal Fats

Market Activity

Six cars of packer BFT traded at $0.2900 Chicago this afternoon for August shipment. Sources remarked that a buyer was in the market looking for a few days at $0.2800, but was unable to find any material before seeing the $0.2900 today. High temps in some areas, long positions and weak kills continue to limit the spot material available. Tech tallow continues to be offered out at steady prices, but sellers are having a hard time finding a home for material.

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11.18.2024

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...

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