Nine cars of renderer bleachable fancy tallow (BFT-R) traded at a higher price this afternoon. Packer BFT trading was quiet but it’s reasonable to expect the next traded levels to move higher. There is still unsatisfied demand in the market. Technical and edible tallow prices are likely to move higher in the near term with BFT currently trading at a premium.
Distillers corn oil (DCO) prices moved higher today on strong renewable demand. The EIA reported ethanol production down last week at an average of 957,000 barrels per day. Distillers corn oil production is estimated at 9.1 million pounds per day for last week. The 9.1 million pounds is the lowest since the week ending October 23rd. Demand from the renewable sector remains strong 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...