04.12.2024
The canola oil pathway and renewable diesel
Biofuel policies have had a growing impact on vegetable oil demand and trade flow over the past year. In December 2022 the EPA finalized a canola oil pathway...
**Please Note – There was an error in the calculation of the Missouri River BFT markets. The correct monthly average for packer BFT is 59.26 and for renderer BFT 59.98. The correct weekly average for packer BFT is 60.1 and for renderer 61.1. Friday’s price will be updated to 62.5 for packer and 63.5 for renderer BFT.**
Four cars of packer BFT traded at steady pricing today for the Chicago market. Trading outside of the Chicago market was quiet, but sources have indicated that spot availability remains tight. A fire at the River Valley Ingredients facility in Hanceville, AL on Friday afternoon is likely to keep this week’s southeast poultry fat market tight as raw material flows are redirected.
For the week ending August 7th, 2021, cattle slaughter is anticipated to be 655,000 head, a 3.5 percent increase from 2020, a 0.92 percent growth from the previous week and…