Choice white grease saw plenty of action at the top end of the range yesterday with some buyers looking to cover in material. The stronger tallow market and some production interruptions add risk for higher prices next week.
Bleachable fancy tallow (BFT) and technical tallow were both quiet to close out the week. There remains interest for renderer BFT at steady prices, but thus far neither buyers nor sellers seem aggressive in trading volume outside of formula based pricing. There have been indications that tech tallow offering prices may move up on strong RBD soybean oil demand in the fourth quarter and higher BFT prices over the last couple of weeks. With Chicago BFT at 31 cents per pound, tech is at a seven cents premium, which is just over twice the prior three-year average for August. As renewable demand has grown for premium feedstocks, that spread has widened relative to the last three years,…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...