Technical tallow traded lower after the Friday close in seven cars. Choice white grease prices moved higher today out of the Missouri River, Indiana and Carolinas markets. The Chicago CWG market was unquoted due to a lack of activity.
Hog slaughter finished last week at an estimated 2.475 million head, up 12 percent from a year ago levels and down 7 percent from week prior levels. The slaughter is forecast to trend higher over the next six weeks, averaging 2.67 million head per week. For the five weeks post holiday, the average is 2.745 million head per week…..
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...