Late yesterday three cars of packer BFT traded up to 60 cts/lb Chicago, which was followed shortly after with a bid at 60 cts/lb Chicago for renderer. Trading today was quiet into/through the Chicago market. Eight cars of tech tallow were reported at 71 cts Chicago, with two trading within the 30-day window. The Gulf market was quiet today in terms of reported volume, however, recent strength in both the Gulf and California markets have boosted Chicago prices. Sources have indicated that demand is relatively tepid from the Chicago market at the moment, but buyers looking to bring in any material are paying a higher price due to the sellers having higher optionality for bigger volume sales outside of the Chicago market.
Distiller’s corn oil higher in a few markets and down from yesterday’s 61.5 FOB Mo. River for the spot market on trading reported today.
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01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...