Chicago renderer BFT was bid up a penny today with no trading reported. Choice white grease was up $0.02 from yesterday’s trading level into the Chicago market. The cattle slaughter estimates today were at 502,000 head down 22 percent compared to the same week last year. Supply side disruptions are outpacing the demand side needs in the short term and there is substantial risk for higher prices in the near term. Fundamentals are…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...