RIN Prices Push Fats Market to Near Historic Losses

RIN Prices Push Fats Market to Near Historic Losses

Three cars of renderer BFT traded down to 59 cts/lb Chicago today, following the lower trading for packer BFT in the Chicago market and on lower tallow prices into the US Gulf. Technical tallow traded down to 64 cts/lb Chicago.

Distiller’s corn oil (DCO) trading was quiet today, bids were indicated lower into the Gulf market, and FOB suggestions for the nearby market ranged from 50 – 60 cts/lb.

Choice white grease (CWG) continued to trade in the spot market today with a wide range reported, 50 – 56 cts/lb Chicago. The bulk of action this week has been around 52-53 cts/lb, but there have been multiple trucks trading above our minimum threshold for reporting at 55 and 56 cts/lb.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.30.2024

Biofuel feedstock demand rises while capacity declines: EIA

Biofuel feedstock demand rises while capacity declines: EIA

EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...

04.30.2024

Chicago edible tallow trades lower

Chicago edible tallow trades lower

The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.

04.30.2024

April animal protein values mixed month on month

April animal protein values mixed month on month

US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...

Latest Tweets