It was a typical Monday with little action reported in the market. CWG trading was done steady in trucks and was the only fat trading reported. There was a bid/offer spread in the packer BFT market of $0.3100 – 0.3200 for May and June shipment. Sources remarked that biodiesel buyers were dour to start the week with heating oil continuing to dive and bean oil prices climbing. News of a producers tax credit bill was met with optimism and there are certainly bullish…
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...