Choice white grease traded lower out of the Missouri River market today as additional supply is pressuring prices lower. Chicago choice white was offered lower today and was untraded, renderer and packer bleachable fancy tallow were both offered lower as well and were untraded as of press time.
Hog slaughter is up 40 percent relative to three weeks ago and cattle slaughter is up 32 percent relative to three weeks ago. Choice white should start to see some support at the 20 cent level, maybe testing lows at 19 cents. With corn at 3.18/bu, fat at 350 percent…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...