Technical tallow traded down to 50.5 Chicago today on a ten car trade and a car of lard was done lower at 44 cts/lb Chicago.
Outside of the Chicago market, trading was mostly quiet with the exception coming from the CWG market. Trading was done higher on an FOB Mo. River basis, topping out at 35 cts/lb FOB this week.
Slower hog slaughter has contributed strength to the choice white grease market as well burgeoning feed demand.
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12.30.2024
Glycerin prices on rise while inventories fall
Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production is leading to reduced supplies.
One trader reported for...
12.30.2024
Early publication of US agricultural products price assessments: pricing notice
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central...
12.30.2024
US bloodmeal price spread widens even with an elevated low end: 2024 recap
US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4,...