Choice white grease prices continued to tumble today, with lower prices reported out of the Missouri River market. BFT traded in light volume at steady prices on a Chicago basis.
Yellow grease prices were sideways with trading done at steady FOB Missouri River and out of the Illinois markets.
Over the last three years, choice white grease has averaged a premium of 1.25 cents over yellow grease for the Missouri River market. The current spread of 3.5 cents suggests that yellow grease prices are due for a move higher. However, increasing supplies of choice white grease and some push back in the feed market may keep yellow prices steady in the near term…
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...
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US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
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December cattle on feed down on month, year
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The only significant price...