03.27.2024
Illinois Legislation Aims to Create a Clean Transportation Standard
Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...
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Bleachable fancy tallow (BFT) prices moved lower this week on offers. The buyers have shown little interest in nearby material at the offered levels, which adds risk to the market in the near term for lower prices for both packer and renderer material. Technical tallow and edible tallow remain very tight. Australian material is currently priced at an average of $630/MT ($0.2850/lb) FOB for top white (1% max ffa), which may draw some attention from the US market and add potential slack in the four to six week window if buyers establish a position. However, the short term market remains tight and prices for the premium grades look to be well supported in the near term.
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