There was a report of five cars of packer BFT at $0.2700 Chicago today, but the shipping window could not be confirmed as of press time. If the trade is outside of the 30 day window, it’s narrowly so. There was more packer BFT offered at $0.2700 Chicago this afternoon and unsold. The Chicago technical market remains quiet with Gulf and California continuing to pull in much of the material.
Figure 1.
The spread between Chicago Technical Tallow…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...