Edible tallow traded lower today in eleven rail cars, technical tallow traded up in a five car trade. Light interest was present for BFT at steady prices, but there was no trading reported. The overall market was mostly steady today with few changes coming off of the long, holiday weekend. The production interruptions last week seem to have tightened the nearby market enough to keep prices steady. There may be some buying opportunities this week for high free fatty acid (ffa) material. With temps above 90 across much of the United States this week off the supply of off spec material is likely to…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...