Trading was quiet to start the week. The risk for higher prices remains high, but buyers and sellers were on the sidelines to start the week. Negative direction in the grain and vegetable oil markets is giving buyers some optimism for lower prices, or at least a ceiling, but the nearby supply and demand fundamentals are suggestive of another level of correction to the upside for tallow and greases.
Hog slaughter finished last week at an estimated 2.85 million head, five percent over the same week in 2020. Slaughter is forecast to trend lower over the next six weeks, falling from a projected 2.7 million head this week to…
01.03.2025
Imports of biodiesel, renewable diesel continued to slow during October
US Energy Information Administration (EIA) data released on Tuesday December 31 showed biodiesel and renewable diesel (RD) import volumes declined during October 2024. Biodiesel imports had fallen during five...
01.03.2025
Renderer BFT prices climb; CWG closes week lower
The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.
01.03.2025
US meat meal production in November down year on year: USDA
US animal proteins prices on Friday January 3 were steady day on day.
November animal by-product production, stocks
In November, US production of feathermeal (FM) increased month on...