Choice white grease traded higher out of the Missouri River today. A wide spread to BFT, tight fat supplies in the East and coverage through the holiday break have all contributed to the move higher this week. Through the first two and a half weeks of the month, choice white grease FOB Missouri River has a relative price of 348 percent to nearby corn. The prior three year average for November is 323 percent, which suggests that prices are at risk for a downturn, but strong nearby demand and an overall tightness in the animal fats and vegetable oil markets are supportive of steady to higher prices in…
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...