BFT Prices Higher, CWG Prices Lower

BFT Prices Higher, CWG Prices Lower

Three cars of renderer bleachable fancy tallow (BFT-R) traded higher today. Choice white grease was lower out of the Missouri River market. The continued strong hog slaughter numbers are keeping the market well supplied with grease. Heating oil prices are off just shy of 3 percent over the last two weeks which is creating price resistance from the biodiesel buyers. Additionally, cold temperatures and concern of cloud point issues may be limiting demand for animal fats as feedstock. Usage of choice white grease has been strong during the fourth quarter over the past several years, but buyers may be pushing for lower prices to compensate for the higher priced, unsaturated lipids needed to blend down the lower IV animal fats. The choice white grease market is likely to see continued…

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