**Please note**There Mo. River yellow grease prices was adjusted to 20 – 22 cents at 3:30 CT on Thursday.**
Yellow grease prices moved higher out of the Missouri River today on limited supply of feed fat in the spot market. A wider spread to choice white grease out of the Mo. River market has allowed sellers to push prices higher. For the month of April, yellow grease has traded at a relative price to nearby corn of 319 percent. When referencing today’s trades with the cash corn market, the relative price is 413 percent. As stated, an overall tight fat market has driven prices higher but there is substantial risk in…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...