Fat Market Edges Higher on Tight Supply, SBO

Fat Market Edges Higher on Tight Supply, SBO

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Trading was higher in the animal fats market as sellers continue to leverage tight supplies and a trend of higher soybean oil prices. Yellow grease was higher out of the Illinois and Mo. River markets as well as into the Gulf and KS/TX markets. Sources continue to indicate that buyers in the feed sector are pushing for lower prices and have been aggressively pursuing least cost formulations.

Choice white grease was higher on tight supply, and the same push for least cost formulations is coming from the buyers of CWG as well.

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Runner market commentary
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