Technical tallow traded at 60 cents Chicago today even with Friday’s high. Blechable fancy tallow (BFT) trading was quiet along with the rest of the fat market. Sellers are mulling higher offers basis the red hot corn and soybean oil markets. May corn traded up to $6.80 today and at 400 percent of the price of $6.80, fat has a value of 48.5 cents per pound.
Hog slaughter finished last week at an estimated 2.47 million head, up 10.3 percent from a year ago levels and 0.8 percent from the week prior. Slaughter is forecast to trend lower over the next six weeks, projected at 2.47 million head this week and to 2.45 million head…
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...