Edible tallow traded lower today in eight cars, technical tallow higher in four cars and both settling at 54.5 cents Chicago. The bleachable fancy tallow (BFT) market was quiet for both grades, but strength at the CME have offers out at higher levels.
Yellow grease traded higher out of the California markets today, as high as 38.5 FOB Los Angeles and San Francisco. Prices outside of California were unchanged today, but tight supplies continue to add upside risk to the market. Forward sales at higher prices into the renewable markets adds additional risk for higher prices as short sellers cover in material. The downside risk, or risk to slow the rally, comes from the feed sector. Prices out of the Missouri River market are now at 375 percent of…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...