Late yesterday choice white grease traded higher out of the Missouri River market. Chicago trading was quiet and will be unquoted on Tuesday if there is no trading by the end of the day. Biodiesel and feed demand continue to pull the choice white grease market higher with few, lower cost alternatives.
Tallow, both packer and renderer as well as edible and technical, were quiet this week. There have been mixed reports on availability of BFT post holiday. Over the last five years, the BFT market has typically moved lower just before or after the Labor Day break. The exception to the seasonal slide was 2016, which saw soybean oil prices increase from 28.9 cents per pound on the week ending August 14th to 34.9 cents per pound on the week ending November 6th. The tight cash market for soybean oil and higher prices spilled into the BFT market, driving prices from 27 cents Chicago on the week ending August 14th to 28.8 cents on the week ending…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...