Three cars of renderer BFT traded steady into/through the Chicago market this morning. Indications on packer demand have been steady in price and volume through October for the Chicago market and at Chicago-equivalent values outside of the Chicago rail corridor.
The overall market was reasonably steady today, with few changes reported. Poultry fat did move higher out of the AL/GA market and into the Carolinas. Fat sellers have taken advantage of wide spreads to fats in the Midwest and push prices higher with buyers not having many lower-cost options. The corn market has also helped push AL/GA poultry fat prices higher. September closed the month at an…
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...