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…
01.16.2025
USA BioEnergy acquires land for Bon Wier SAF facility
USA BioEnergy has completed the purchase of land for its greenfield sustainable aviation fuel (SAF) production facility in East Texas, the company announced on Tuesday January 14.
The...
01.16.2025
Prices for US animal fats and oils hold steady despite declines in vegoils, energy complex
Activity in the US animal fats and oils markets slowed on Thursday January 16, with the industry continuing to process the implications of the updated Greenhouse Gases, Regulated Emissions,...
01.16.2025
Mid-January ruminant MBM, soybean meal relativity above 5-year average
Market sources reported limited trade volume to Fastmarkets on Thursday January 16, keeping most US animal protein trade prices rangebound for the day.
At close, the benchmark March...