Technical tallow traded at 60 cents Chicago today even with Friday’s high. Blechable fancy tallow (BFT) trading was quiet along with the rest of the fat market. Sellers are mulling higher offers basis the red hot corn and soybean oil markets. May corn traded up to $6.80 today and at 400 percent of the price of $6.80, fat has a value of 48.5 cents per pound.
Hog slaughter finished last week at an estimated 2.47 million head, up 10.3 percent from a year ago levels and 0.8 percent from the week prior. Slaughter is forecast to trend lower over the next six weeks, projected at 2.47 million head this week and to 2.45 million head…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...