Please note – we will not publish an Animal Fats Bulletin on Thursday Nov 26th or Friday Nov 27th in observance of the Thanksgiving holiday
Three cars of lard traded steady into/through the Chicago market today at 41 cents per pound. Distillers corn oil (DCO) prices were higher again today across all geographies. Soybean oil values are up over 38 cents per pound as of midday and higher values through November have bolstered the DCO market. There has been trading above and below the printed range late yesterday and today, but the bulk of activity has been around the 35 cents per pound average. Ethanol production was estimated higher by the EIA for last week at 990,000 barrels per day, the highest since the week ending March 20th. DCO production is estimated just shy of 9.4 million pounds per day for last week, down…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...