01.21.2025
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...
Poultry blood meal finished the month of October with a relative price of 175 percent to nearby soybean meal for the FOB South market. The 175 percent is five points over the prior three year average and the first time since May that the market had moved above the historical relationship to soybean meal. Strong ruminant and porcine blood meal markets pulled the poultry market higher and it’s reasonable to expect the current values to hold as supply is due to tighten with holiday interruptions. Historically, the market has…