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Choice white grease traded in a steady range out of the Missouri River market this morning. Sellers had been out with higher offers early in the week, but the strong supply has put a lid on the topside of the market. There has been increased interest from the biodiesel sector, but buyers seem well covered through August as July draws to a close.
Bleachable fancy tallow was quiet to close the week and month. There was interest for technical tallow at 32.5 Chicago earlier in the week, but thus far no sellers have shown any interest to sell at that value. Trading into the California and Gulf markets have been indicated at higher levels, values that work out to 36 – 38 delivered Chicago…
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...