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 lb Chicago basis on Monday July 1.
Outside of the Chicago tallow market, trading was quiet on Monday, with many in the US focused on logistics ahead of the holiday break on Thursday July 4.
Fastmarkets’ research team forecasts hog slaughter at 1.975 million head for the week to July 6, up by 1.1% week on week and down by 18.4% from the prior week’s USDA estimate.
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10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...