Trading was mostly quiet today with a lack of liquidity keeping prices from moving. There is risk for lower prices in the choice white grease market with fat overvalued relative to corn in feed rations, feeders opting for slower gain formulations and a high, relative price to soybean oil, but again a lack of liquidity is keeping prices arrested at last traded levels.
Yellow grease prices moved lower into the Carolinas and into the Gulf market today. Sellers are seeing headwinds on price from some lower priced poultry fats, specifically AL/GA fat at 19 cents…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...