The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in the Gulf Coast, with indications received throughout the day for both tallow and used cooking oil (UCO) holding steady at 45 cents per lb and 46 cents per lb respectively.
Some noted that, while sentiment in the region has improved and demand is reportedly strong, markets remained tight — particularly for tallow — with a general hesitancy to trade at current levels as many anticipate a more bullish outlook for February.
One source highlighted that trading has been limited recently due to reduced beef slaughter hours, which is expected to cut production in the coming weeks. Additionally, downtime caused by adverse weather in key production regions this week has further tightened supply.
…
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...