Please Note – Ryan Standard will be out of the office July 26th – July 30th. In his absence, please contact Chloe Krimmel at [email protected] or 732.642.6302.
DCO showed unsettled tones as volatility in the soybean oil market remains noted by participants. Even with reports of active interst levels for fats and oils, most other trade reported for Wednesday held the previously set ranges. Technical Tallow witnessed a 1.5 cents per pound gain yesterday, increasing the monthly average to 64.75 cents per pound. This is 92 percent increase over the 3-year average.
Fig. 1
Based on historical information from the last five years, the frequency of upmoves…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...