The market today was active with demand sectors increasingly disparate in their buying approach. Biodiesel producers continue to lower their bids basis weak heating oil values, poor margins and high relative prices to soybean oil. Feed buyers, including pet food, have been active in building inventory, or rebuilding inventory, ahead of any potential logistical interruptions. Renewable diesel demand, particularly export demand, is strong at the…
01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...