Renderer bleachable fancy tallow (BFT-R) was bid up a penny today for up to ten rail cars with no trading reported as of press time. There has been focus on the weather with Tropical Storms Marco and Laura set to affect the Gulf Coast this week. The port of New Orleans shut down late last night, a mandatory evacuation is expected for Port Arthur and potential evacuations have been reported for parts of Houston. Thus far there has been no reported disruption of trade, but any port and rail interruptions may shift material around the market later this week.
Hog slaughter finished last week at an estimated 2.5 million head, up 3.4 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.6 million head this week…
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...