Choice white grease trading was higher today on an FOB basis, up to 61 FOB Mo. River with offers out at as high as 62 FOB. Sources have indicated that some of the feed buyers have started to pull back on inclusion rates at these values, but tight supplies continue to keep the market supported.
Distiller’s corn oil prices edged higher in several markets today with trading reported as high as 70 FOB. Offers into the Gulf were indicated around the 73.5 delivered mark, but as of press time no trading was confirmed. Biofuel producers continue to struggle with shrinking to negative margins at current feedstock prices and there have been indications of some larger producers reselling soybean oil into the market.
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12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...