Trading in the US animal fats and oils market was subdued to close out the week on Friday August 23. The only activity was observed in the US Gulf Coast market, where used cooking oil (UCO) prices were assessed within a narrower range, falling slightly to 44.5-46 cents per pound.
Overall, average weekly prices for fats and oils were stable to lower, pressured by softness in the soybean oil complex, a widening bean oil/heating oil (BOHO) spread and recent weakness in both the renewable identification number (RIN) and diesel markets.
Tallow and choice white grease (CWG) prices continued to fall slightly during the week, despite talk of steady consumption from the US feed sector and “pockets of supply tightness.” The packer bleachable fancy tallow (BFT) and CWG FOB Missouri River prices fell 0.97% and 0.67% respectively on the week.
…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...