Four cars of packer bleachable fancy tallow traded higher today. Yellow grease continues to move higher in the California market with trading topping out at 35.50 FOB Los Angeles and San Francisco.
Nearly through the first half of the month, packer BFT is averaging 94.5 percent of the price of nearby soybean oil. The prior three month average for February is 84.1 percent, including last year’s COVID driven spike to 113.4 percent. If the relative price were to hold, it would the second highest February relative price on record, with last year being the highest. Given the limited optionality, which…
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...