Choice white grease prices moved higher today, trading up a half-cent from the last traded level. Light action was seen outside of today’s reported range. The Missouri River market is up 20 percent relative to four weeks ago. The stronger bleachable fancy tallow and corn markets have helped boost values. Higher CWG prices have pulled yellow grease prices up as well, and there is risk for additional upside in the yellow grease markets across the US. The current premium of CWG to YG out of the Mo. River market is 5.5 cents, 3.7 cents higher than the prior three-year average for September.
Yellow grease is well valued versus alternative…
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