Ten cars of edible tallow traded at steady Chicago pricing today. Tallow prices were steady this week with buyers and sellers well covered for the near term. Trading outside of the Chicago market has been done at a premium to Chicago values, but chemical demand remains tepid and it’s reasonable to expect Chicago tallow prices to remain flat in the near term. Bleachable fancy tallow (BFT) FOB Missouri River finished the month of June with a relative price to soybean oil of 80 percent and is currently at 67 percent. Higher trades for choice white grease and the favorable price to soybean oil should make BFT an attractive option for the biofuels industry at the moment.
Figure 1.
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12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
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The only notable activity observed...
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Avian flu spikes in poultry, cattle sector at end of 2024
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US avian flu update
Year-to-date US poultry headcounts affected by...