Four cars of renderer BFT traded at $0.3200 Chicago this afternoon within the 30 day window. Sources reported additional interest for May packer material, but were finding the nearby market tight. Demand for tallow is strong across all sectors and despite the increase in cattle slaughter most are prognosticating strong pricing with a heavy reliance on formula positions.
CWG trading was higher in trucks, $0.2450 – 0.2550. Chicago rail action has been very…
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...