12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
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…