Packer grade bleachable fancy tallow and choice white grease both traded lower on a Chicago basis this afternoon. The CWG trade was done in five cars, the BFT trade was for three cars. Renderer BFT traded higher, up two cents from the last traded level. Trucks of choice white grease traded in limited volume, anywhere from 43.5 – 50.5 FOB Mo. River. Buying ideas from the biodiesel side of the market are lower than two weeks prior and there is a push for sub-50 delivered values.
Hog slaughter finished last week at an estimated 2.46 million head, down 4 percent from a year ago levels. The slaughter is forecast to trend lower over the next six weeks,…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...