Markets Continue to Tumble on Pre-Holiday Push

Markets Continue to Tumble on Pre-Holiday Push

Six cars of packer BFT traded sharply lower on a Chicago basis late yesterday. Renderer was quiet with no official offers out in the market this afternoon. Choice white grease and yellow grease were lower on limited truck and rail availability and buyers seemingly well booked through the holiday week. 

Distillers corn oil traded in a very wide range today with the price spread a function of location, timing and shipping methods. December and January trades were done at the top end of the range for both truck and rail today, but nearby trades in trucks and rail have been done as low as 55 FOB. Strong ethanol production continues to keep the market well supplied with oil and the local truck market buyers, as indicated with grease, are well booked through the holiday. The EIA estimated ethanol production for last week at 1.060 million barrels per day. Fastmarkets estimates corn oil production back over the 10 million pounds per day mark at…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets