Animal Fats

Animal Fats

Market Activity

Five cars of edible tallow traded at $0.3750 Chicago this afternoon. Inedible tallow was quiet today with no trades, bids or offers reported. Sources continue to comment that supplies are less than expected coming out of packing houses due to high trim prices and light weights. With that said, cattle slaughter continues to come in well above 600k head.

CWG was offered at $0.3200 Chicago for the August position, but sources reported that little interest was…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

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

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

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...

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