The US animal fat and waste market was substantially quieter on Thursday May 30, with most prices unchanged. The majority of trading was wrapped up before the Memorial Day holiday on May 27 and the end of the month.

Tallow prices rose on Wednesday May 29 due to solid demand from the feed sector, which has tightened nearby supply for the product and pushed the fat market higher.

US ethanol production was estimated at an average of 1.07 million barrels per day during the week to May 24, up by 49,000 bpd from the week prior, according to the US Energy Information Administration’s (EIA) Weekly Petroleum Status Report released on Thursday.

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