05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Five cars of renderer bleachable fancy tallow (BFT) traded higher into/through the Chicago market today. A car of packer BFT was reported at steady prices. Outside of the Chicago BFT market, the fat trade was quiet.
Cattle slaughter finished last week at 651,000 head up slightly from the week prior and from year ago levels. This week, slaughter is projected out at 640,000 head, down .73 percent from last week. Over the next six weeks, slaughter is forecast at an average of 633,000 head,…