01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
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…