01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
The estimated crush margin declined two percent this week as soybean oil prices fell at a more rapid pace than the price of the soybean itself. Soybean meal values remained relatively constant, potentially limiting a stronger margin reduction. The value received from oil and meal sales per bushel of soybeans crushed declined from $10.60 per bushel to $10.21 while…