The market was very quiet today with no changes reported. Choice white grease did trade in a steady range out of the Mo. River market. Soybean oil was up marginally on the January contract today, settling at 50.7 cts/lb. December settled at 51.54 cts/lb and March at 50.66 cts/lb. Heating oil was up by 9.62 cts/gal on the December contract. The move higher in hearing oil and soybean oil was partially offset by lower RIN values. However, buyers and sellers are likely more focused on logistics and availability with the Thanksgiving holiday next week.
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10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...