Trading was quiet again today with few changes reported. Choice white grease prices remain firm with prices moving higher out of the Missouri River & Indiana market today. Demand remains strong from the biodiesel and feed sectors. Prices are starting to get toppy in terms of relative price to corn. The current average price of $0.265 FOB Missouri River has a relative price of 409 percent to the December corn contract and 420 percent to the September contract. The prior three year average for September is 385 percent, the prior two…
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...