Trading was active at mostly steady levels today. Feed fats continue to see good support from a favorable relative price to corn. Yellow grease out of the Mo. River market moved higher in December, pushing the relative price up to 277%, which is a 25 point discount to the prior three year average. Strong demand from the poultry sector in the Southeast opened up some arbitrage opportunities for sellers to move grease into that market and push the local…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...