Renderer BFT prices climb; CWG closes week lower

Renderer BFT prices climb; CWG closes week lower

The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.

Following a relatively quiet period due to the New Year holiday, the markets saw a slight uptick in activity toward the end of the week.

On Friday, ten cars of renderer-grade bleachable fancy tallow (BFT) traded higher at 46 cents per lb on a Chicago basis.

Sources have suggested that higher prices may stem from some buyers pausing purchases in the fourth quarter of 2024 amid uncertainties heading into the new year.

Now facing a need for material, this has reportedly contributed to tightness in the market, which some believe could become more pronounced as trade activity picks up again in the coming weeks.

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