ANIMAL FATS-INTERNATIONAL
The US and AUS/NZ animal fat markets are adjusting to each other and also to the vegetable oil markets. US Bleachable Fancy Tallow prices retreated over the past 7 to 10 days with packer origin BFT trading at $507 PMT. Non-packer origin BFT is offered at $528 PMT but not trading. This has been a significant drop from the $617 PMT level that had traded in September for both kinds of BFT. …
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...