Animal Fat Market Continues to Chase SBO Values

Animal Fat Market Continues to Chase SBO Values

Animal fat prices continue to trade higher, chasing the soybean oil market. The USDA released the World Agriculture Supply and Demand Estimates (WASDE) today with no big changes reported. Non-biomass-based diesel usage was upped by 200 million pounds and exports lowered by 150 million pounds. Soybean oil prices settled at 53.57 on the May contract and 55.15 for the March. Heating oil prices were slightly lower today with further boosts the spread between feedstocks and heating oil.

Choice white grease prices are up a penny out of the Missouri River market. There remains unfulfilled demand in the market and there is risk for higher prices to continue through the week. Poultry fat and yellow grease prices are higher as well. Supply remains tight and buyers have limited optionality on…

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01.24.2025

Renderer BFT trades higher to close out the week

Renderer BFT trades higher to close out the week

Renderer grade bleachable fancy tallow (BFT) traded up to 50 cents per lb Chicago on Friday January 24 in a five-car trade.

Prices into the Gulf were higher as well,...

01.24.2025

US animal protein market steady ahead of IPPE

US animal protein market steady ahead of IPPE

The US animal protein market was quiet on Friday January 24, with most buyers and sellers saying that they were taking a trading pause ahead of the International Production...

01.24.2025

Sausage casings bulletin, January 24, 2025

Sausage casings bulletin, January 24, 2025

Runner market commentary
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