09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
Prices had been mixed earlier this week due to some logistical concerns with supplies backing up at various locations. However, later in the week there has been modest price support from corn and soybean meal futures firming. Likewise supply movement has been brisk with sufficient rail car availability at plants and more material being sent down the river by barge. Some large producers have suggested…