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…
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...