Five cars of renderer BFT traded up a ¼ cent to $0.2725 Chicago. Buyers continue to pay up to lock in material ahead of and after the July 4 holiday.
Yellow grease prices continue to see strength, both from the feed and biodiesel sectors. The relative price for Illinois Yellow Grease to soybean oil has been lower than the prior three year average for the duration of 2018 and the relative price to corn has been below the prior three year average since…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...