Two cars of technical tallow traded at 63.5 cts/lb Chicago today. The BFT and max 20 ffa markets were mostly quiet, but bids were indicated lower into the Gulf market. Renderer tallow remains quiet, and several sources have reported a lack of nearby availability.
Yellow grease traded lower on an FOB basis Mo. River and Illinois as well as into the Gulf market. Used cooking oil traded down to 47 cts/lb delivered Northeast today. The overall tone in the market was bearish on a lack of spot demand and weakness in the CME soybean oil market. However, some producers are well sold for the nearby market and don’t need to offer material into the nearby market.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...