Five cars of packer bleachable fancy tallow (BFT-P) and five cars of renderer bleachable fancy tallow (BFT-R) traded into/through the Chicago market today. The renderer trade was higher than Friday’s big with tight, in-spec, supplies contributing to the jump in price. Trading outside of the BFT markets was quiet today.
Hog slaughter finished last week at an estimated 2.58 million head, up 9.5 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.55 million head this week and to 2.63 million head on the week ending September 5th. Over the next six weeks, slaughter 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...