Please Note – Ryan Standard will be out of the office Jun 28 – July 2nd. In his absence, please contact Chloe Krimmel at
Three cars of packer bleachable fancy tallow (BFT) traded up 2.5 cents into/through the Chicago market this morning. The quick-ship market remains supported on tight, nearby availability for both renderer and packer, but July pricing is at risk to move lower. Today’s 6-3 decision by the Supreme Court to overturn the 10th Circuit Courts decision on Small Refinery Exemptions (SREs) has injected a bearish tone into the market. RIN and soybean oil prices retreated after the news and buyers are on the sidelines. Renewable fuels advocates are optimistic that the Biden administration will limit the use of SREs, but the decision strikes a blow to confidence in the rigidity of the mandated gallons called for in the Renewable…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...