Animal Fats

Animal Fats

Tallow Prices Poised to Move Higher on Tight Supply

Chicago renderer BFT was bid up a penny today with no trading reported. Choice white grease was up $0.02 from yesterday’s trading level into the Chicago market. The cattle slaughter estimates today were at 502,000 head down 22 percent compared to the same week last year. Supply side disruptions are outpacing the demand side needs in the short term and there is substantial risk for higher prices in the near term. Fundamentals are…

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05.10.2024

2024 RIN Dashboard April Edition

2024 RIN Dashboard April Edition

Renewable Identification Number (RIN) generation has been strong during the first quarter of 2024. The original 2024 mandate was based on fuel assumptions that have since changed. ...

05.10.2024

UCO tariff rumors spark bullish sentiment; traded volume quiet

UCO tariff rumors spark bullish sentiment; traded volume quiet

Distiller’s corn oil (DCO) traded higher at 43 cents per lb delivered Manly, Iowa on Friday May 10, with trading also done at 41.5 cents per lb FOB Missouri...

05.10.2024

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

US animal proteins were steady to lower week on week for the week to Friday May 10. Only light trade was reported for the second half of the week,...

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