Choice white grease traded higher out of the Missouri River and Indiana markets today. Chicago CWG will be unquoted by end of day tomorrow if there is no trading or bid/offers reported. Demand from the biodiesel sector is the driver of higher prices, but there is some indication that feed demand has begun to slow at these higher prices.
Yellow grease prices were steady today with no changes reported. The Missouri River yellow grease market moved higher through the month of September, following the choice white grease market. The fundamental relationship to corn suggests lower prices in the near term. The relative price to corn for the month of September is 326 percent, 31 points under the prior three-year average. However, the prior three-year average for October is 305 percent, which implies a value of…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...