Choice white grease prices moved higher today, trading up a half-cent from the last traded level. Light action was seen outside of today’s reported range. The Missouri River market is up 20 percent relative to four weeks ago. The stronger bleachable fancy tallow and corn markets have helped boost values. Higher CWG prices have pulled yellow grease prices up as well, and there is risk for additional upside in the yellow grease markets across the US. The current premium of CWG to YG out of the Mo. River market is 5.5 cents, 3.7 cents higher than the prior three-year average for September.
Yellow grease is well valued versus alternative…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.