Choice white grease trading was reported at steady levels today into the Chicago market and out of the Missouri River. Yellow grease prices have been indicated lower as higher, rendered fat output is expected in the near term.
Hog slaughter moved higher last week, up 10 percent compared to the week prior. The increase was the first since the week ending March 21st. Slaughter is forecast to increase over the next six weeks, averaging 2.125 million head per week. If…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...