Renderer BFT remains offered out at steady money for the Chicago market with no trading reported. Demand for tech tallow remains strong with buyers unable to source the material they need. The demand has predominantly originated from the soap and chemical sector. At $0.4275, tech tallow is trading at a 13 to 14 cent premium to delivered, RBD soybean oil. At a price spread greater than three to four cents, renewable fuel producers will realize a greater credit value from the soybean oil versus tallow.
Choice white moved…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...