Two cars of technical tallow traded at lower levels today relative to the last priced trade. Edible tallow was offered out and untraded as of press time. Sellers are seeing strong headwinds from the soybean oil and palm oil markets, as are the buyers competition with veg based products in the edible space. Demand from Mexico has been indicated in the current, printed range for edible and technical tallow, but a weaker peso versus the US is…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...