There continues to be big moves in the market and a very wide range on price reports up and down the price guide. Choice white grease prices were up sharply out of the Missouri River today with buyers paying a premium for substantial volume into February. Sellers looking to move smaller volume sales (2 – 5 trucks) are trading at the bottom end of the range. Yellow grease prices traded higher again today, pulled up by the choice white market and big feed and bio demand. Trading into the Kansas/Texas market was higher, topping out at 33 cents delivered but with good volume as low as 29.
A number of sellers went long at the end of 2020, into Jan and Feb on sales that have been indicated in the high 30’s delivered for yellow grease, but to a limited market sector. These sales are factoring into big moves and big price spreads…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...