Three cars of tech tallow were offered lower today and unsold as of press time. Most end users are reporting their nearby needs are well met, and the extra material offered into/through the Chicago market has been met with a “no.” Used cooking oil trading was higher into the Gulf market and Southeast and out of the Illinois market. Buyers in the interior, both large and small, and exporters are paying up to secure material through December and into the first quarter of 2021. With COVID cases continuing to rise, so are the concerns of oversupply.
The trading range on choice white grease narrowed out of the Missouri River market today on limited action. There is plenty of material booked for shipment to the Eastern market, which is tight of fat, hence the higher prices for yellow grease and poultry fat today. Feed demand remains very strong ahead of the Thanksgiving holiday. Today’s…
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...