Trading was mostly steady today with no changes reported. Choice white grease traded at steady levels FOB Missouri River this afternoon. With hog slaughter steadily above 400,000 head per day this week, buyers have seen additional material and there is risk for lower prices next week.
Distillers corn oil trading was quiet today, but increased ethanol production should add increased liquidity to the June market. The EIA reported ethanol production at 724,000 bbl/day last week, up 17 percent from the week prior. Distillers corn oil production is…
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...