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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...