The Chicago technical tallow market traded up four cents today for ten rails cars of material. Renderer BFT was bid up two cents with buyers unable to source material. There have been reports of packer interest at $0.3100 Chicago, but reportable bids have not materialized yet. Buyers and sellers in the tallow market remain concerned about supply in the near term. Cattle slaughter for the week is off 11 percent versus year ago levels…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...