Five cars of packer BFT traded at $0.3175 Chicago to wrap the April tallow market. Sources reported offers at $0.3200 with interest at $0.3150 yesterday and the buyer/seller met in the middle and traded material for shipment in the last half of May. Trading outside of the tallow market was quiet.
Cattle kills came in at an estimated 624,000, well above the 600,000 and signaling the start of the summer slaughter season. The YTD slaughter is running 6% ahead…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...