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…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...