Choice white grease traded higher out of the Missouri River and Indiana markets today. Chicago CWG will be unquoted by end of day tomorrow if there is no trading or bid/offers reported. Demand from the biodiesel sector is the driver of higher prices, but there is some indication that feed demand has begun to slow at these higher prices.
Yellow grease prices were steady today with no changes reported. The Missouri River yellow grease market moved higher through the month of September, following the choice white grease market. The fundamental relationship to corn suggests lower prices in the near term. The relative price to corn for the month of September is 326 percent, 31 points under the prior three-year average. However, the prior three-year average for October is 305 percent, which implies a value of…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...