Twenty-five cars of packer BFT were confirmed at $0.3250 delivered Gulf. Packer BFT traded in five rail cars at $0.3050 Chicago. Renderer tallow remains quiet and will go unquoted after tomorrow if there is no action.
Yellow grease traded as high as $0.2500 FOB NY today for non-ISCC, non-export material. Sources continue to report strong numbers on ISCC UCO, $0.2700 – 0.2800 FOB.
Ethanol production, and therefore corn oil production, hit a…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...