Six cars of edible tallow traded higher today. Outside of the edible market, trading was very quiet to start the week.
Cattle slaughter finished last week at a robust 665,000 head, up 41 percent from a year ago and up 3.9 percent relative to the year prior. This week, slaughter is projected out at 649,000 head, down 2.4 percent from last week. Over the next six weeks, slaughter is forecast at an average of 643,200 head, up 0.7 percent from the prior six weeks. With relatively steady supply demand is expected to be the dominant driver in the near term market. For the first half 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...