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…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...