There continues to be big moves in the market and a very wide range on price reports up and down the price guide. Choice white grease prices were up sharply out of the Missouri River today with buyers paying a premium for substantial volume into February. Sellers looking to move smaller volume sales (2 – 5 trucks) are trading at the bottom end of the range. Yellow grease prices traded higher again today, pulled up by the choice white market and big feed and bio demand. Trading into the Kansas/Texas market was higher, topping out at 33 cents delivered but with good volume as low as 29.
A number of sellers went long at the end of 2020, into Jan and Feb on sales that have been indicated in the high 30’s delivered for yellow grease, but to a limited market sector. These sales are factoring into big moves and big price spreads…
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...