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,…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...