There was very little action in the fat market today. Sources reported good interest for June material from oleochemical, but there weren’t any volumes disclosed as this was more of a reflection of the week on a quiet Friday. Both the YG and CWG markets were steady, but sources have reported that material in the NE is getting heavy. It wouldn’t be surprising to see that market consolidate towards the bottom end of the range over the next couple of weeks.
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05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...