Tightness in the poultry fat market continues to drive fat and grease prices higher in the South through the Eastern markets. Prices for yellow grease and poultry fat moved higher today on limited supply and strong demand. Finding an offer for low acid material has proven challenging for some buyers, with both the feed mill and pet food demand very strong. Broiler slaughter is forecast lower over the next six weeks, averaging 150.5 million head, down 3.2 percent from last year and down 10.3 percent compared to the prior six-week average. Next week’s holiday interruption may provide some pause to the price rally…
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...