Trading in the grease and tallow markets was mostly quiet today. Holiday increases worked their way into yesterday’s pricing and the rally tied to the shortened production week seems to have run its course on the rendered products. Yellow grease traded lower into the Carolinas and KS/TX market today. Distillers corn oil (DCO) prices moved higher today. Strong soybean oil values and continued, strong demand from the biodiesel and feed sector are driving the market. The feed buyers have been the larger of the two demand variables at the moment, with all veg feeders limited on replacement feed oil. DCO production remains well below prior year levels. Last week’s estimated production of 8.75 million pounds is down 11 percent from the year…
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...