Three cars of renderer BFT traded steady into/through the Chicago market this morning. Indications on packer demand have been steady in price and volume through October for the Chicago market and at Chicago-equivalent values outside of the Chicago rail corridor.
The overall market was reasonably steady today, with few changes reported. Poultry fat did move higher out of the AL/GA market and into the Carolinas. Fat sellers have taken advantage of wide spreads to fats in the Midwest and push prices higher with buyers not having many lower-cost options. The corn market has also helped push AL/GA poultry fat prices higher. September closed the month at an…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...