Grease prices continue to soften while Gulf UCO trades stable to higher

Grease prices continue to soften while Gulf UCO trades stable to higher

The US animal fats and oils markets continued to show mixed dynamics on Thursday December 12, with tallow markets remaining notably quiet while grease prices continued to soften across key Midwest regions.

Tallow prices for Chicago bleachable fancy tallow (BFT) held steady, supported by relatively stable demand from the feed and oleochemical sectors.

Sources noted that while fuel demand remains somewhat unpredictable heading into the first quarter, this stability has provided relief to tallow markets, helping to keep prices steady compared with other markets experiencing downward pressure.

In the Midwest, discussions and trade have primarily focused on grease markets in the FOB Missouri River region.

Prices for choice white grease (CWG) were assessed lower on the day on Thursday, widening downward to 40-42 cents per lb as the lower end fell by 1 cent per lb.

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