05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
**Please note – Ryan Standard was out of the office today and will be out on May 11th. In his absence, please contact Amanda Luhavalja at [email protected].**
Mo. River yellow grease prices were firmer today, with indications bumping up to 47-48 cents. Sources attributed this to recent strength in distiller’s corn oil (DCO) and choice white grease (CWG) prices. CWG and DCO values have been rallying with robust demand from both the feed and the U.S. renewable fuel sectors underpinning gains.
The tallow market was quiet again on a cash basis, although packer BFT into the Gulf traded at 57.50 cents delivered late on Tuesday and was bid at 57 cents delivered today. In addition, 40 trucks of BFT traded outside the Chicago rail corridor on Tuesday afternoon at 60.25 cents delivered, Chicago equivalent.
DCO trading was limited, as many buyers were kept at bay by…