The renderer and packer BFT markets were unquoted today due to a lack of trading. End user demand appears to be tepid for the nearby Chicago rail market, but high temps are pushing ffa levels out of spec and causing some short positions in the market. Feed and truck demand should start to pick up given the increases in the choice white grease market.
Choice white grease trading moved higher today out of the Missouri River market. Again, high temps are pushing ffa levels higher and knocking material out of spec around the country and limiting supply. Demand for choice white in the Mo. River market has been stronger from the bio sector again this week and feed buyers have had to pay up to remain competitive.
Yellow grease was…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...