Packer grade bleachable fancy tallow prices (BFT-P) prices are steady on seven cars into/through the Chicago market this afternoon. Choice white grease prices moved higher out of the Missouri River and Indiana markets. The higher prices fats in the East and higher prices on BFT and DCO have contributed to the move higher.
Distiller’s corn oil (DCO) prices moved sharply higher today supported from strong feed and renewable demand. The surge in soybean oil was the main driver of the price increases with the nearby contract up 12 percent over the last eight trading days. Demand for vegetable oils for all veg diets and for renewable fuel applications remain strong and a higher output value for the renewable producers and higher competing input costs for both the feed and biofuels markets add risk for further prices increases in the near term.
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04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...