Choice white grease traded as high as $0.2350 FOB River today as some supply interruptions related to Monday’s storm tighten nearby supply. It’s reasonable to expect upward pressure to build in the Chicago market as a wide spread to BFT and some rail interruptions drive offer prices higher. Through the first half of the month, choice white grease prices out of the Missouri River market have traded closer to the historical average for relative price to corn. Through today, the August monthly average to corn is 386.5 percent, 21 poinrts under the prior three year average. Stronger corn prices…
12.30.2024
Glycerin prices on rise while inventories fall
Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production is leading to reduced supplies.
One trader reported for...
12.30.2024
Early publication of US agricultural products price assessments: pricing notice
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central...
12.30.2024
US bloodmeal price spread widens even with an elevated low end: 2024 recap
US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4,...