Poultry fat prices moved lower in a number of markets today as pockets of heavy supply are pressuring markets lower. The poultry fat market, as well as some of the choice white grease market, appears to be operating on a day to day basis in terms of volume and any extra material is being discounted in an effort to keep product moving. With corn futures around the $3.25/bu mark, sellers should see support for feed fat at the $0.2000 – 0.2050/lb level, but…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...