Trading was very quiet this afternoon with no action confirmed. Sources reported interest for packer tallow around the $0.3150 mark, but supply seems to be very tight. Some have suggested that sellers are running behind on shipments and the little amount of material that may be available for late May shipment is being held onto tightly in hopes of pushing the market higher. Biodiesel buyers were reported as being on the sidelines today due to the big drop in the…
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...