01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
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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