Chicago edible tallow traded higher today with two cars done at the lower end of the range and four at the top side. One car of renderer bleachable fancy tallow traded steady with yesterday’s pricing. Choice white grease FOB Missouri River has leveled off with trading done today at steady prices.
Distiller’s corn oil (DCO) traded at lower levels today for the spot market. Well bought positions are pushing more sellers to discount material to keep in moving, especially in rail cars. Feed buyers have been active at the top end of the range, but trading into the renewables sector has been driving the bottom side of the market lower. Soybean oil (SBO) settled above 60 cents per pound for the May contract today, which should make motivated buyers of anyone with storage capacity.
The EIA reported ethanol production for the week ending April 16th at 941,000 barrels per day, flat with the week prior. Gasoline demand was the highest since the week ending August 20
…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...