Animal Fats

Animal Fats

Beef Plant Slowdowns Prompt Higher Tallow Prices

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…

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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