Trading out of the Australian fat market was sideways this week. Interest remains strong from Singapore for tallow, but slow production and lack of on-spec material is leading buyers in that market to lean more heavily on North American and New Zealand production. New Zealand values were higher, NZ$870 – 885 for 4% BFT with prices likely to move north of NZ$900 by December.
EU values were flat with last week. Biodiesel buyers in the EU see to be…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...