A single car of packer bleachable fancy tallow (BFT) traded at 49.5 cents Chicago today. The volume was two cars shy of the requirements for a change on the price guide. Buyers are likely going to have to pay that higher level to secure material in the near term. The Chicago packer BFT and the Chicago choice white grease (CWG) markets will be unquoted if there is no trading or open interest by the end of business tomorrow. Yellow grease and used cooking oil were higher out of the California markets again today.
CWG FOB Missouri River continues to climb on strong demand, particularly from the renewable sector. Hog slaughter was a strong 496,000 head today, but the weekly totals are behind week prior and year prior levels. Saturday production is expected to be reduced through the month and into April, which will further tighten choice white grease availability in the near term. Corn prices were higher today at…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...