There were significant price jumps in the animal fats, distiller’s corn oil (DCO) and used cooking oil (UCO) markets this week. The biggest increase came from the yellow grease market. Trading out of the Missouri River region was up 8.0 percent from the week prior. DCO prices were up 3.9 percent from the prior week’s average and are up 17.4 percent over the last four weeks. BFT finished the week up 5.6 percent from the prior week’s average. The nearby futures market closed the week over 60 cents per pound, on average, and is up 4.5 percent from the prior week’s average.
The renewed flow of rail traffic and improved rail car availability helped push the entire fat market higher. Bids for material delivered in rail cars are over 60 cents for the last half of October through the end of the year and the increased optionality for sellers is allowing…
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...