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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11.27.2020

Grain & Feed

Grain & Feed

PROGRAMMING NOTE: The Grain and Feed Bulletin will not publish on Thursday, Nov. 26. We'll print a price update on Friday, Nov. 27 and be back to our normal schedule...

11.27.2020

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Soybean oil prices rallied during the shortened trading session on Friday as overnight strength...

11.25.2020

Organic Wheat Prices Are Stable Despite Rise in Flour Demand

Organic Wheat Prices Are Stable Despite Rise in Flour Demand

 

Happy Thanksgiving!

 

Organic wheat prices remain stable, and after briefly rising in tandem with conventional prices, organic feed wheat has moved back in line at a discount to organic corn...

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