Poultry Fat Prices Slide on Continued Gulf Weakness

Poultry Fat Prices Slide on Continued Gulf Weakness

There was trading at lower prices today in the grease, poultry fat and distiller’s corn oil markets. Continued freight back-ups in the Midwest and Mid-South have contributed to must-sell pricing from some producers, driving prices down by as much as 4.25 cents per pound today. The tone of the entire market is still highly cautious and a market of where, when and quantity. Buyers able to take delivery on short notice and at larger volume are able to take advantage of lower prices. 

The tallow market was quiet with no bids or offers reported. Sources indicated some interest to sell, but many are still waiting to see official reports of the extent of damage to the Grand Island facility. Raw material will likely be shipped to surrounding rendering facilities, but the loss of rendering at that location represents a disruption of greater than 6 million pounds of tallow capacity per week. 

Choice white grease prices were down out of the Indiana and Mo. River…

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