Edible tallow traded lower today for ten cars. Lard traded lower for two cars. Trading outside of the edible tallow and lard markets was relatively quiet. Some down pressure remains on the feed fat market with buyers seemingly well bought, using less fat in June and sellers contending with heavy supplies.
Distillers corn oil production is estimated at just under 8 million pounds per day for last week, the highest production figures since March 27. The EIA estimated ethanol production at 837 million barrels per day, down 20 percent from year ago levels but up 9 percent from last week and up 56 percent from six weeks ago. With animal…
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...