Continued Coronavirus Optimism Drives World Vegetable Oil Prices Higher
World vegetable oil markets ripped higher on Tuesday on growing hopes that the coronavirus pandemic will not have as significant an impact on the world economy as previously feared. Vegetable oil remained uncoupled from crude oil, which fell about four percent on Tuesday, but prices seemed to draw support from a sharp rally in equities. However,…
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...