Chicago packer BFT traded higher today in three cars. Choice white grease trading was done steady into the Chicago market today, two cars. Tech tallow has been quiet and supplies are likely tight with cattle slaughter estimated at 73 percent of year prior levels this week. Sellers short on material and buyers in the chemical sector with limited optionality are likely to keep prices supported in the nearby market, but a lack of demand from other sectors and the eventual resumption of production add risk for lower prices in May. With RBD soybean oil prices suggested as low as 30 delivered, tech tallow above a 33 – 34 cents range would likely be a pass for renewable producers based on LCFS feedstock credit…
12.31.2024
US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA
The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...
12.31.2024
Market activity remains muted amid New Year’s holiday
The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.
Prices for choice white grease...
12.31.2024
US weekly soybean, wheat, corn export inspections drop
Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...