Six cars of packer BFT traded up to $0.2400 Chicago this morning. Sellers are seeing good demand from the renewable industry for the Nov and Dec trading window, which is the rising tide lifting prices. Given the $190 LCFS credit, those with access to the market have been able to pay good premiums for material.
Choice white grease traded in four rail cars up a penny to $0.2400 Chicago. The truck market was quiet today.
Cattle slaughter finished last…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...