Market Activity
Four cars of BFT were reported at $0.3050 Chicago basis this afternoon. A four car equivalent trade of CWG was done at $0.2700 Chicago basis. Renderer tallow remains quiet, but sources have commented that formula demand for March is strong. Chemical demand in February was reported up slightly from Feb of 2016. Sources have commented that the higher palm…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...