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...
Oil prices continued to push higher on hopes for a coordinated production cut. Russia announced a willingness to join oil in cutting output but wants the US to participate as well. Oil traders were pleased with what they heard and WTI crude gained 12 percent in price, following yesterday’s 25 percent jump. For the week, oil…