Animal Fats

Animal Fats

**Please note, there was a correction to the DCO Manly, IA and Mo. River prices at 4 pm CT. The correct values are now reflected in the price guide.**

Technical tallow was again offered and untraded today at lower prices through the Chicago market. BFT was flat for both packer and renderer, but sellers suggested that buyers are hard to find at the moment. The “no one wants to catch a falling knife” saying was oft repeated throughout the market today. 

Choice white and yellow grease prices were lower today in the West and Midwestern markets. Yellow grease was indicated lower out of the NY market, but UCO prices are steady at the printed range. Bids for used cooking oil are sharply lower after yesterday’s drop at the CBOT, but reports of actual traded volume are non-existent at the lower numbers. Buyers are prudently lowering their bids on a negative macro environment, but the threat of government-imposed restrictions tied to fears over the spread…

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

04.30.2024

Biofuel feedstock demand rises while capacity declines: EIA

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

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

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...

Latest Tweets