09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop
The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
The overall tone of the market was steady today with both buyers and sellers fairly quiet. Edible tallow did trade lower, down to 76.5 Chicago basis today. Bleachable fancy tallow (BFT) was offered out higher, but did not trade as of press time. Used cooking oil was higher into the Northeast and trading was indicated as low as 64 Gulf for nearby material. Offers for October and November were indicated higher, but trading was quiet.
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