The US animal fats and oils markets were largely unchanged on Friday October 25 after a week marked by downward price movements in the Chicago and Gulf markets.
The only market change observed on Friday was for distillers’ corn oil (DCO) prices, which rose in both the Gulf Coast and Manly, Iowa, markets on a delivered basis.
Rendered fat prices were generally flat to lower week on week, particularly influenced by moderate declines in the Chicago bleachable fancy tallow (BFT) market.
Specifically, packer BFT prices decreased by 1.78% from the previous week, averaging 44.2 cents per lb, while renderer BFT prices dropped by 6.38% over the same period, after trading lower at 44 cents per lb Chicago basis on Wednesday October 23.
In contrast, choice white grease (CWG) prices in the Missouri River market held steady, while CWG on a Chicago basis decreased by 50 points compared with last Friday’s close.
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