A car of technical tallow traded up two cents today into/through the Chicago market. Used cooking oil trading was active today as well with material traded into the Atlantic Seaboard at 35 cents delivered. UCO into the southeast market is 32 cents and indications are higher for December on tighter supply and strong demand to start 2021.
Cattle slaughter finished last week at a 647,000 head, down 1.5 percent from a year ago and up 1.4 percent relative to the week prior. Slaughter is forecast a 0.03 percent above the prior six week average over the next six weeks, but a post holiday boost is expected….
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...