Tallow Market Well Balanced

Tallow Market Well Balanced

Chicago CWG and renderer BFT traded steady today. The recent activity in the Chicago market points to well balanced supply and demand in the tallow markets. Choice white grease trading was steady today with no changes reported. Some sellers are short on nearby material and are well sold at the upper end of the printed range, buyers, especially in the feed sector, are pushing for numbers under 27 cents FOB but thus far there has been no trading confirmed at that level. Missouri River choice white grease finished the month of September with an average relative price to soybean oil of 79 percent, 2.6 points under the prior three year average. The choice white grease market spent much of the summer historically undervalued relative to soybean oil but as more bean oil is getting bought by the renewable diesel sector,…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

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

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%

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...

Latest Tweets