Trading was mostly quiet today with the only trading reported being two cars of tech tallow at $0.2350 Chicago, up $0.03 and formula business in the tallow market for February. Sources have commented that offers are out higher, with BFT offered between $0.2350 – 0.2400 for the nearby position and bids seen at $0.1900 – $0.2000.
Offers into the biodiesel are up for the softer fats, but thus far no one is reporting any tonnage. Prices for UCO/YG would be in…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.