Tallow was quiet to close out the week with no spot trading reported. The BFT market has historically moved lower in September and October. As long as the market doesn’t fall to 24 cents per pound on Monday, it will be the first time Chicago packer BFT has had a higher monthly average price in September relative to August since 2012. Over the last ten years, Chicago packer BFT prices have traded higher in October twice, once in 2010 and again in 2016. The average price move during from September to October over the last ten years is – 3.6 cents per pound. That historical downturn has been tied to decreased demand from the end use sector in the fourth quarter, but nearby October demand has been steady enough to keep extra loads from popping up in the market. There have been reports from the Australian and New Zealand markets of Brazilian…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...