ANIMAL FATS
Ryan Standard will return on Monday Aug 17 he can be reached at [email protected].
A little trading did take place into the oleo trade on Friday with 3 cars of packer tallow trading at 29.25 cts. Chicago for 30-day shipment. Now that 29.25 traded the bid for additional packer material is at that level for straight 30-day shipment. The renderer bid is still in effect at 30 cts….
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...