Renderer BFT Bid Higher

Renderer BFT Bid Higher

Renderer bleachable fancy tallow (BFT-R) prices moved higher today on a bid to buy multiple rail cars for shipment within the 30-day window. Sellers passed on the higher offer, making it reasonable to think buyers will have to pay higher prices to secure material. Yellow grease traded higher out of the Illinois market this afternoon.

Hog slaughter finished last week at an estimated 2.76 million head, down 0.4 percent from year prior levels. The slaughter is forecast to trend lower over the next six weeks, projected at 2.8 million head this week and down to 2.5 million head on the week ending January 23rd. The holiday production interuptions are…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

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

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

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...

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