ANIMAL FATS
Bill Dieterichs is filling in for Ryan this week. Please send any comments or information to Bill at
The animal fat markets are reportedly very quiet with no trading in the BFT market, but a 4 car trade in CWG at up a half-cent to 27.5 Chicago. This would seem in line with what the truck market has been doing which is stagnant hovering between 23 and 24 cts. FOB MO River…
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...