Fifteen cars of packer BFT traded up to $0.2800 Chicago this afternoon. Tech tallow moved higher as well, trading at $0.3200 Chicago.
Hog slaughter finished the holiday-interrupted week at an estimated 1.9 million head, up 5.9% from the same week last year. The higher slaughter rates compared to 2017 look to continue in the coming weeks. The next six weeks are forecast at an average of 4.1% above 2017 or 2.34 million head per week. Weights are…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...