Choice white grease traded lower out of the Missouri River market today as additional supply is pressuring prices lower. Chicago choice white was offered lower today and was untraded, renderer and packer bleachable fancy tallow were both offered lower as well and were untraded as of press time.
Hog slaughter is up 40 percent relative to three weeks ago and cattle slaughter is up 32 percent relative to three weeks ago. Choice white should start to see some support at the 20 cent level, maybe testing lows at 19 cents. With corn at 3.18/bu, fat at 350 percent…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...