**Bob Lane will be out of the office this week, returning on Monday, December 18, 2023. In his absence, please contact Amanda Luhavalja at [email protected] **
Crude and kosher glycerin prices continued to move higher in the last week. Prices have advanced due to strong demand from the animal feed sector and cold weather. One market participant also attributed the latest gains to the presence of a very large buyer in the market scooping up product for the next quarter or two.
Crude glycerin is the main by-product of biodiesel production. A slowdown in biodiesel production due to poor margins and storage issues have also contributed to the recent uptick in glycerin prices.
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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...