01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
Four cars of packer bleachable fancy tallow (BFT-P) traded higher into/through the Chicago market. Trading outside of the Chicago BFT market was quiet today.
Cattle slaughter finished last week at a robust 667,000 head, down 2.2 percent from a year ago and up 18.3 percent relative to the week prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 665,000 head, down a marginal 0.2 percent from 2019. Over the next six weeks, slaughter is forecast at an average of 585,000 head, down an…