Renderer bleachable fancy tallow (BFT) traded higher today as did technical tallow. BFT traded in four cars and tech tallow for one car within the 30-day window. Choice white grease traded in a tighter range out of the Missouri River market at 47 – 48 cents FOB. The May soybean oil (SBO) contract has traded up 6.6 cents per pound or 12.8 percent since the close on April 12th. The continued strength in the SBO and corn markets has forced the hand of some buyers who had been waiting out the market.
Cargill and Love’s announced a joint venture for a renewable diesel production facility in Hastings, Nebraska. The joint venture called Heartland Renewables will produce and market renewable diesel from the planned production facility that is expected to have an annual capacity of approximately 80 million gallons. In the press release by Love’s (
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07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...