The market was fairly quiet to start the week. A number of market participants are already on their way to Nashville for the American Fats and Oils Association meeting. Two cars of technical tallow did trade higher this afternoon on a Chicago basis.
For the week ending October 16th, 2021, hog slaughter is forecast at 2.575 million head, a 4.1 percent drop from 2020; a 5.4 percent decline from 2019; and a 0.85 percent decrease from the prior week. With the diminished supply noted in the most recent USDA Hogs and Pigs report, slaughter could be under 2020 levels through the fourth quarter. According to the USDA Actual Slaughter Under Federal Inspection for October 2nd, average live weights are currently…
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...