Four cars of packer bleachable fancy tallow (BFT) traded down a penny today. Choice white grease was steady with limited action in the spot market. Supply has been moving at $0.1900 cents and above and a bottom may be starting to settle on the market. At an average of $0.1975, choice white grease has a relative price to corn of 342 percent, which is 40 points under the prior three-year average. A lot of heavy livestock appear to be in queue for the abattoirs and feeders are continuing with low energy…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...