CWG Well Valued Versus Corn

CWG Well Valued Versus Corn

Trading was mostly quiet today with few changes reported. Choice white grease continues to trade at steady levels out of the Missouri River market, 25 – 26 cents FOB. There has been light volume at 24 and 24.5. With the additional supply coming into the market from the increased production it’s reasonable to expect down pressure to continue on the near term. The corn market also suggests lower prices, the prior three-year average for November Missouri River relative price to corn is 323 percent, which would be just under 24 cents per pound. With that stated,…

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

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Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

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In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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