Crude glycerin values remain supported across much of the Midwest. However, the steady climb in value the market had been seeing over the past few weeks seems to be shifting as we move into the new year.
Several producers have limited biodiesel production recently. This has led to dip in supply. The market has seemed to accept the rise in price, at least intuitively. Both producers and brokers appear to be on the same page over the past few weeks. However, the perception of climbing prices might be mostly perception as some sellers are seeing the market run out of steam on the current price climb.
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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...