Choice white grease prices out of the Missouri River market increased steadily over the last 12 weeks. The rally in both corn and soybean oil prices have been a significant driver in the market as has strong demand from the feed and biodiesel sectors. The bulk of trading has been done this week at an average of 27.5 cents per pound, but there have been indications of material trading as high as 30 cents FOB into the renewable sector.
Anecdotally, colder temperatures bring about reduced demand for animal fats from the biodiesel sector, but a closer look at the data show otherwise. Per pound usage in 2016, 2017, and 2019 was higher versus the third quarters of those same years. The average choice white grease usage in the fourth quarter for 2016 – 2019 is 49.9 million pounds per month; in the third quarter, the average is 40.5 million pounds per month. Additionally, choice white grease as a percentage of total feedstock usage increased in the fourth quarters of 2016, 2017,…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...