Price direction in the animal fat market was mostly sideways today. Six cars of edible tallow traded steady at 36 cents Chicago. Technical tallow was last offered at the equivalent of 35 Chicago for January, but thus far the market has been quiet.
Choice white grease prices did move higher today with 10 trucks seen at the top end of the range. At 29 FOB, choice white may start to get a bit toppy with BFT trading at 29.5 cents FOB Missouri River. Yellow grease prices are up out of the Illinois and Mo. River markets today as well, pulled higher by limited supply and the stronger choice white grease market.
Distillers corn oil trading has been mostly quiet this week, but values are lower out of the Illinois and Mo. River markets on scattered volume. Some production delays on the renewable side have some buyers looking for lower prices in big volume on nearby material, but the tighter holiday production and concern over future production tied to gasoline demand and…
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...