A total of eighteen cars of packer BFT traded at $0.3300 Chicago this afternoon. Eight were within the 30 day window, late trading on Friday was done for ten cars just outside of the 30 day window. Sources reported interest at $0.3200 for late June/early July shipment, but buyers were unable to find sellers at this price. UCO prices are up a penny out of the Illinois market today. YG trading was reported $0.2500 – 0.2600 FOB NY and $0.2500 – 0.2550 FOB IL. Trading…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...