Please Note: Summer Friday trade hours are in effect. We will close trading tomorrow at noon CT and publish pricing shortly thereafter. Friday trade hours will be in effect through September 4.
Market Activity
BFT, both renderer and packer, were offered lower today. Chicago CWG was offered a penny lower as well. No trading or counters bids were reported as of press time. With the drop in BFT, the pricing spread between BFT and edible and technical tallow is now 17 cents per pound.
With hog slaughter now consistently well above the 400,000 head mark on a daily basis there is plenty of supply available to the market. Prices were mostly steady today out of the Missouri River…
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...