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…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...