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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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...