CWG falls, DCO rises in mixed US animal fats and oils markets amid ongoing uncertainty

CWG falls, DCO rises in mixed US animal fats and oils markets amid ongoing uncertainty

Price movements in the US animal fats market were mixed on Thursday October 10, though reported trade activity remained somewhat limited ahead of a major industry event next week.

Five railcars of packer-grade bleachable fancy tallow (BFT) traded on Thursday at 45 cents per lb, unchanged from Wednesday October 9.

Meanwhile, tallow delivered to the Gulf Coast market was stable at 46 cents per lb.

Choice white grease moved lower throughout the day, assessed at 42.5-43.5 cents per lb FOB Missouri River, with sources saying that feed buyers are resistant to current prices amid increased competition among sellers.

Additionally, while some sources reported unexpected demand for nearby October tallow, participants generally agree that the Midwest fats markets are either steady or trending softer.

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