BFT Trades At Steady Pricing

BFT Trades At Steady Pricing

BFT Trades At Steady Pricing

Two cars of renderer bleachable fancy tallow (BFT-R) traded steady with the last offered price. Technical tallow was suggested at lower numbers through the Chicago market, but official offers were not reported and could not be substantiated. Non-Chicago trading has been indicated in the 37 – 38 cents per pound, equivalent, range and bids have been reported at 32 – 33 cents Chicago.

Distiller’s corn oil trading was done at lower prices today as continued increase in supply and cheaper alternatives weigh on the market. The EIA estimated distillers corn oil production at 893 million barrels per day, last week, up 6 percent from the week prior. Production was 15 percent under the prior three-year average for last week. Distillers corn oil production is estimated at just under 8.5 million pounds per day, the highest production estimate since the week ending March 25th. The increased production and cheaper alternatives add risk for lower prices in the near term.

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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