Four cars of packer BFT traded at $0.2800 Chicago this afternoon on what was an otherwise quiet day in the market. Renderer tallow has been quiet and will be unquote tomorrow if there is no trading.
Fat and oil prices were down across the board last week on limited trading. Packer BFT traded at a low of $0.2800, pushing the weekly average to $0.28375, which is the lowest since the week ending March 18. BFT is on an 11-week slide, down over five cents…
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.