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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...