Six cars of edible tallow traded higher today. Outside of the edible market, trading was very quiet to start the week.
Cattle slaughter finished last week at a robust 665,000 head, up 41 percent from a year ago and up 3.9 percent relative to the year prior. This week, slaughter is projected out at 649,000 head, down 2.4 percent from last week. Over the next six weeks, slaughter is forecast at an average of 643,200 head, up 0.7 percent from the prior six weeks. With relatively steady supply demand is expected to be the dominant driver in the near term market. For the first half of…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...