Distiller’s corn oil (DCO) traded higher out of the US Missouri River market for August on Friday June 28 in what was otherwise a quiet day.
Most buyers and sellers wrapped up their trading earlier in the week and are focusing on logistics ahead of next week’s July 4 holiday, and it’s likely that trading will remain quiet until the second week of July.
The Chicago packer-grade bleachable fancy tallow (BFT) market was quiet in the week to Friday, but the weekly price average was up by 5.2% on trading done late in the week ended June 21. The weekly average was the highest since the week ended November 10, 2023.
Nearby availability for renderer and packer BFT remained tight on well-sold positions and the effect of high temperatures across much of the tallow-producing regions, which drove free fatty acid levels above the max 4% threshold.
…
07.01.2024
US biomass diesel capacity reaches new high of 6 bln gallons annually on strong RD growth
Biodiesel and renewable diesel (RD) capacity in the US expanded in April, according to data released on Friday June 28 by the US Energy Information Agency (EIA). Combined capacity...
07.01.2024
Premium tallow grades trade higher in US ahead of holiday break
Eight railcars of edible tallow traded at 58 cents per lb Chicago basis late on Friday June 28, and five cars of technical tallow traded at 54.5 cents per...
07.01.2024
Year-to-date US cattle production lower than 2023 on lower cattle slaughter, higher weights
Prices for animal proteins were mostly flat on Monday July 1. Market sources reported limited trading due to the upcoming holiday on Thursday July 4.
Minnesota and the...