Prices have been trending higher for crude and kosher crude glycerin in recent weeks, while refined prices have remained fairly stable. Weather, speculation, and strong demand from the animal feed sector are helping to underpin prices.
Colder weather has sparked some interest from the coal freeze industry with one glycerin trader noting he is currently selling all he can handle at nine cents per pound. Another trader with connections in the coal freeze industry has said several buyers purchased product earlier in the year and storage remains largely full, adding he doesn’t expect them to force prices too much higher in the near term.
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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...