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…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...