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…
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...