Tallow traded lower into the Gulf market today, down to a low of 40.5 cents lb for max 20% ffa.
Yellow grease prices were lower into the Gulf market as well, but higher on an FOB basis. Feed demand remains strong at current prices and values into feed operations have been reported in a range of 36–38 cents lb in the Midwest, South and Eastern markets.
Feed demand has helped support the top side of the distiller’s corn oil (DCO) market as well. Trading was done as high as 45 cents lb today, but the bulk of action was within the printed ranges.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...