01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
Swing Barrels Switch from U.S. Producers back to OPEC
U.S. oil producers have accounted for the swing barrels of crude oil over the past few years as increasing opportunities to generate fracking related barrels has increased. The drop of WTI in 2016 below $30 per barrel reduced this opportunity significantly, pushing many oil producers to the sidelines and giving OPEC the opportunity to gain market share. With a new administration that is favorable…