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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04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...