Animal Fats

Animal Fats

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

11.20.2020

Tallow Prices Steady Heading Into Holiday Break

11.04.2020

DCO Prices Steady, Production Increases

10.23.2020

BFT Continues to Defy Past Seasonal Trends

Blog

03.02.2021

Fats, Oils, & Fuels Webinar 3/2/21: Customer Q&A

Fats, Oils, & Fuels Webinar 3/2/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, March...

02.26.2021

Soybean Oil Prices Rally Despite Decline in Soybean Futures

Soybean Oil Prices Rally Despite Decline in Soybean Futures

Soybean Oil Prices Rally Despite Decline in Soybean Futures

Vegetable oil prices were mixed on Friday as fund spreading lifted the front-end of the soybean oil...

02.26.2021

Grains End Week Higher Despite Two-Day Slide

Grains End Week Higher Despite Two-Day Slide

 

Weekly Soybean and Corn Prices Hold Close to Near-Term Highs

Grain prices finished the week stronger despite Thursday's sell off. Grain prices had limited follow through allow weekly prices remain...

Latest Tweets

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

Load More...