Three cars of edible tallow and four cars of technical tallow traded at higher prices today. Bleachable fancy tallow (BFT), both renderer and packer grade, were offered down two cents per pound and were unsold as of press time. Some nearby slack in the BFT market has pressure the market lower over the last couple of days, but continued, very strong demand for both edible and tech have widened the spread to BFT to 14 cents per pound. The sentiment from the demand side seems not to be, “why is it so high?” rather “where can I get…
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...