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…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...