Trading finished the week on a relatively quiet note with one car of tech tallow traded up a penny on a Chicago basis. Choice white grease traded outside of the Chicago rail corridor, but at a price that nets to 68.5 Chicago. The Chicago CWG price will be unquoted at end of trade on Monday if there is no action.
For the week, prices moved higher on improved margins in the renewable fuel industries. However, demand from the feed sector is lower for low acid fats due to lower priced alternatives. Sources have indicated that demand from the renewable sector, at present, is strong enough to offset the loss of demand and keep prices steady.
…
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,...