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…
11.13.2024
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
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%
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...