Trading was quiet today with no changes reported. The BFT market has been quiet most of the week with the November market seemingly well bought and well sold. After last Friday’s technical tallow trade of 33 cents on two cars, optimism from sellers for higher BFT prices vanished. A technical tallow market at 33 cents suggests lower BFT prices are in store, but additional 33 cent material has been nonexistent since last week’s trade and buyers haven’t bit on 35 cent offerings. The Chicago tech tallow market will be unquoted on Monday if there is no activity in the market.
Demand from Brazil continues and values for BFT into the Gulf region have traded outside of the 30-day window at a premium to the Chicago market. Sellers may forgo the Chicago market in the near term in favor of higher prices to the West or into the Gulf. Indications on BFT have been as…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...