*Please Note – Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
The tallow market moved sharply higher today, with five cars of packer BFT trading up to 63 cts/lb Chicago for shipment within the 30-day window. This was followed by an afternoon bid at 63 cts/lb Chicago for renderer. Demand is strong from a few different sectors, and material is very tight for low ffa fats due to elevated summer temperatures and a slower slaughter production schedule due to the July 5 holiday. The combination has led to supply tightness in not only BFT but also choice white grease (CWG).
…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...