Three cars of renderer bleachable fancy tallow (BFT-R) traded higher today. Choice white grease was lower out of the Missouri River market. The continued strong hog slaughter numbers are keeping the market well supplied with grease. Heating oil prices are off just shy of 3 percent over the last two weeks which is creating price resistance from the biodiesel buyers. Additionally, cold temperatures and concern of cloud point issues may be limiting demand for animal fats as feedstock. Usage of choice white grease has been strong during the fourth quarter over the past several years, but buyers may be pushing for lower prices to compensate for the higher priced, unsaturated lipids needed to blend down the lower IV animal fats. The choice white grease market is likely to see continued…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...