The near-term outlook for bleachable fancy tallow (BFT) is for steady pricing ahead of holiday interruptions. Soybean oil took a bit of breather today, but at prices above 27 cents and with spot material tight, distillers corn oil (DCO) prices are expected to trend steady to higher into 2021. Choice white grease (CWG) prices have increased this week, and the wide spreads to BFT and DCO add additional risk for higher prices. CWG out of the Missouri River market is at a six-cent discount to Chicago BFT, 2.2 cents more the prior three year average. The discount to DCO out of the Missouri…
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...