The US animal fats and oils markets were steady on Thursday, February 27 on slowing month-end activity, while sentiment remained under pressure from macro factors, including weaker soybean oil prices and ongoing trade uncertainties.

While demand remains firm across most sectors, sources noted that prices appear to have hit a ceiling, limiting fresh trading throughout the day.

The only notable price movement was in the choice white grease (CWG) market, which fell by half a cent day on day to 44-47 cents per lb FOB Missouri River on Thursday.

With most market participants well sold for March, immediate selling pressure has eased, though participants noted that discussions for April could become more challenging as trade dynamics shift and the policy landscape evolves.

…