Four cars of renderer bleachable fancy tallow (BFT) traded higher today on a Chicago basis. Nearby demand continues, while offerings are slim. Choice white grease was steady today with limited spot trading reported. The big jump in the corn market has added additional upward pressure to the market. At 400 percent of the price of corn, fat has a value today of just under 38 cents per pound. Through the first half of the month, choice white grease FOB Missouri River has averaged 354 percent of the price of corn, 26.5 points over the prior three-year average. The relative price to corn has increased over the last three years as demand from the renewable sector…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...