Choice white grease traded lower today in the Chicago market. Packer bleachable fancy tallow (BFT-P) was offered lower and unsold as of press time. Prices in the BFT market, both for BFT-P and BFT-R, should be nearing a bottom. There is a lack of demand into/through the Chicago market at present, but export, fuel and feed demand interest should be piqued at these levels.
Hog slaughter finished last week at an estimated 2.587 million head, up 5.5 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.575 million head this week and to 2.55 million head on the week ending August 1st. The forecast for the next six weeks is an average of 2.45 million head, up 6 percent from last year and 8 percent from the prior six week average. The strong, July production adds risk for lower prices in the near term, but low spot prices relative to soybean oil and corn may up…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...