The market had an overall quiet tone today, but there was trading done at higher prices. Poultry fat, yellow grease, and choice white grease were all higher for limited volume today. The limited volume is due to limited offers with tight supplies coming off the holiday shortened week and summer temperatures diminshing the amount of in-spec material available for the nearby market.
Tallow was higher into the Gulf market, reported at 66 delivered today. Distiller’s corn oil traded as high as 69 FOB Mo. River and NE/KS, but the bulk of indications today and yesterday were in the 66-67 range for nearby and August shipment.
…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...