Used cooking oil (UCO) prices were higher out of the California markets today. UCO prices throughout the country moved higher through November on supply concerns and strong demand tied to renewable fuel production. At current levels, UCO out of the APAC markets may start to become more attactive for import into the US.
Hog slaughter finished last week at an estimated 2.35 million head, up 1.2 percent from a year ago levels and down 13 percent from the week prior. The slaughter is forecast to trend lower over the next six weeks, averaging 2.48 million head per week….
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...