The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week across most markets, with the exception of choice white grease, which saw a notable decline of 13.2% compared with last week’s average levels.
In other news, the US Energy Information Administration (EIA) reported ethanol production at 1.107 million barrels per day for the week ending December 20, according to the Weekly Petroleum Status Report released on Friday.
The estimate marks an increase of 4,000 bpd from the previous week’s figure and stands at 144,000 bpd, or 14.95%, above levels seen this time last year.
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12.27.2024
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Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
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