The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
Although sources have noted that the news is likely bullish for the fats markets, it has temporarily slowed trade, with much of the industry likely focusing on formulating strategies in response.
“[It] might take a bit to see some trades,” one source added.
Even so, with no trades reported throughout the day, some bullishness is already being reflected, with market talk of higher prices heard for used cooking oil (UCO) in the Gulf Coast.
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01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...