There were big jumps in the used cooking oil (UCO) markets today with trading and bids reported as high as 50 cents delivered. Production of all low carbon intensity (CI) feedstocks continues to be tight and buyers are paying a higher price for the credit generating fats and oils. Yellow grease and choice white grease prices are up as well, with limited optionality on feed ingredients or feedstocks for fuel production.
Since the start of the year prices in the fat market have moved sharply higher on a bull run driven by strong vegetable oil and corn prices combined with tighter production. Renderer bleachable fancy tallow prices are up 12 percent, distillers corn oil values are up as much as 15 percent and used cooking oil values are up 12 percent. Choice white grease (CWG) FOB Missouri River prices have moved 10 percent higher over the last three weeks. The slower rate of increase has created a wide…
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...