Choice white grease prices moved lower today with good volume seen out of the Indiana market and Missouri River market at lower prices. Hog slaughter is up 25 percent for the week, relative to a week ago.
There is risk for lower yellow grease prices around the country as lower corn prices and lower inclusion rates apply downward pressure on the market. Out of the Missouri River market, April finished the month with a relative price to corn of 336 percent, the highest since April of 20187 and…
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...